🌐 IMF Raises Red Flag on Stablecoins ⚠️
Dollar-backed stablecoins are rapidly spreading across emerging markets but the IMF warns they could hit local economies hard.
📉 Bypassing weak currencies can weaken central bank control, fuel capital outflow, and shake financial systems already under pressure.
💡 Yet the benefits are real faster cross-border payments and access for the unbanked but only with smart regulation in place.
Powerful tools or risky disruptors? The stablecoin debate is just getting started.
Share your take below 👇