US stablecoins pose danger to emerging markets, say central bankers
Growth of dollar-pegged crypto assets under Donald Trump risks accelerating dollarisation and enabling criminal misuse
Related reading
Why Trump’s team is betting on stablecoins
The administration sees these digital assets as a tool in the fight against de-dollarisation
China tests out stablecoins amid fears of capital outflows
Policymakers say dollar-backed tokens cement US dominance but regulator warns of money-laundering risk
The coming crypto crisis
Bipartisan backing of stablecoins will hurt America’s economy and its politics
Why we should worry about the rise of stablecoins
Asset-backed digital currencies could pose risks to bedrock of global financial system
Why the world should worry about stablecoins
Dollar-based digital currencies offer benefits for the US, but Britain and the EU are better off resisting them
Rise of stablecoins could undermine euro area monetary policy, ECB warns
Rapid adoption of dollar-linked tokens would leave central bank struggling to control money supply and interest rates