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Stablecoins Could Lead To Currency Substitution, Complicate Monetary Policy, IMF Warns
Yahoo Finance· 2025-12-13 11:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Developing nations risk losing their financial sovereignty as stablecoin adoption grows, the International Monetary Fund has warned. Stablecoin adoption could lead to “currency substitution,” the IMF said in a report last week, adding that it could reduce the ability of central banks to manage monetary policy. The IMF said developing countries with unstable currencies and high inflation were particularly ...