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Cryptocurrency Cointelegraph

Stablecoin less preferable form of tokenized money, BIS paper finds

Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that imply, a Bank of International Settlements working paper says.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Stablecoin less preferable form of tokenized money, BIS paper finds

Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that imply, a Bank of International Settlements working paper says.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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