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Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF - Decrypt
Efforts to suppress stablecoin use are “likely to be only partly effective,” the International Monetary Fund’s researchers said.
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thisdaylive.com
IMF: Increasing Use of US Dollar-denominated Stablecoins in Nigeria Raises Risks to Monetary Sovereignty
*Seeks elimination of alleged multiple exchange rates
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theblock.co
IMF says Nigeria's stablecoin adoption is 'testing the limits' of monetary and regulatory frameworks
The IMF said stablecoin adoption in Nigeria is testing monetary and regulatory frameworks, while warning of digital dollarization risks.
