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.
Opinion: Why there will never be another Bitcoin
By Pete Rizzo, Kraken Editor at Large Pete Rizzo is a leading Bitcoin Historian and author of over 2,000 articles...