Stablecoins Pose ‘Existential Threat’ to Policy Sovereignty, Says India Central Bank Official: Report

“If large stablecoins are linked to some other currency, there is a risk of dollarization,” RBI Deputy Governor Rabi Sankar has said.

Source: https://www.coindesk.com/policy/2023/07/12/stablecoins-pose-existential-threat-to-policy-sovereignty-says-india-central-bank-official-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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