The report’s authors question whether stablecoins could “offer lasting competitive advantages over rapidly developing, evolving digital payment services,” including digital ID, e-money and mobile banking. They add that stablecoins could generate new risks related to such issues as governance, efficiency in payment processes, consumer protection and data privacy.
Bitcoin Slides as XRP, DOGE Lead Weekend Drop
Bitcoin pared last week’s gains Sunday with a price drop from $98,500 to as low as $95,500 in late U.S....