Bank for International Settlements: Stablecoins Could Undermine Emerging Market Capital Controls and Monetary Sovereignty
Source：
cointelegraph.com
According to Cointelegraph, research by the Bank for International Settlements (BIS) shows that USD-pegged stablecoins are forming a type of "digital dollarization," with their capital flows in emerging markets being less sensitive to capital controls and foreign exchange restrictions than traditional foreign currency deposits.
