Tag: stablecoins
Posted in Economy
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
MUMBAI: India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank…
Posted in Economy
Unbacked cryptos have no value, stablecoins risk policy sovereignty: RBI DG
The RBI Deputy Governor said stablecoins could pose a risk to emerging economies like India and do not serve a purpose that cannot be better…