Stablecoins could shake up global payments — but not with technology
Fintechs have touted stablecoins as a way to revolutionise international transfers
Fintechs have touted stablecoins as a way to revolutionise international transfers

Some technologists believe more than 100,000 such payment systems could swamp the world within five years

Fears that they make it easier for criminals to move money around are based on a misconception

Banks say rules governing the digital currency are a risk to financial stability. Are they just trying to stamp out competition?

Issuers should be allowed to pay interest on stablecoins — just as lenders can on dollars

Asset-backed digital currencies could pose risks to bedrock of global financial system

Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of the…