IMF says stablecoins could cut payment costs but weaken monetary control

IMF says stablecoins could cut payment costs but weaken monetary control

Stablecoins could make international payments faster and cheaper, but wider use may weaken monetary control and expose emerging economies to sharper capital-flow shocks, the head of the International Monetary Fund has warned. The post IMF says stablecoins could cut payment costs but weaken monetary control appeared first on Market Business News.

Are USDT and USDC Cheaper Than Bank Transfers? What the IMF Actually Says

IMF says USDT and USDC could make cross-border payments faster and potentially cheaper. Stablecoin costs extend beyond network fees, including exchange charges and fiat conversion costs. IMF warns stablecoins may increase currency substitution, capital-flow volatility, and banking risks....