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Local Stablecoins Could Become Gateways to Digital Dollars: IMF

Onchain swaps could shift foreign exchange activity beyond banks and dealers, weakening authorities’ ability to monitor and manage capital flows.

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cointelegraph.comStai leggendo1 g fa

Onchain swaps could shift foreign exchange activity beyond banks and dealers, weakening authorities’ ability to monitor and manage capital flows.

IMF First Deputy Managing Director Dan Katz warns domestic stablecoins may boost demand for dollar-backed tokens, complicating monetary policy in