US EditionNobel Prize-Winning Economist Warns About Stablecoins: 'A Collapse Could Happen in a Possible Financial Crisis!' Details Here
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Economist warns of a taxpayer bailout of stablecoins; is this fear-mongering to suit a Globalist agenda? - The Expose
French economist Jean Tirole warns that inadequate regulation of stablecoins could lead to government bailouts costing billions of dollars if they collapse during a financial crisis. Is this a truthful warning? Or […] The post Economist warns of a taxpayer bailout of stablecoins; is this fear-mongering to suit a Globalist agenda? first appeared on The Expose.
Digital tokens seen as safe haven assets pose hidden risks for retail investors, says Jean Tirole
The stablecoins sector is now imposing itself as a model of digital stability associated with cryptocurrency in a position to revolutionize the global money market. A development faced by French economist Jean Tirole draws the alarm bell. Read more This French economist alerts about the risks associated with the development of stablecoins appeared first on Cryptoast.
Jean Tirole, Nobel Prize in Economics in 2014, issued a strong warning about the future of stable currencies or stablecoins. In an interview with the Financial Times, he said the lack of supervision could lead to financial crises and state bailouts to protect users. Currently, the stablecoins market reaches about $280 billion, driven by pressure from US President Donald Trump, to integrate them as part of the traditional financial system. Howeve…
Nobel Prize-Winning Economist Warns About Stablecoins: 'A Collapse Could Happen in a Possible Financial Crisis!' Details Here
The post Nobel Prize-Winning Economist Warns About Stablecoins: ‘A Collapse Could Happen in a Possible Financial Crisis!’ Details Here appeared on BitcoinEthereumNews.com. Jean Tirole, who won the Nobel Prize in Economics in 2014, said that current regulations for stablecoins are inadequate and that governments may have to prepare billions of dollars in rescue packages if these digital assets collapse during a possible financial crisis. Nobel Pr…
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