Stablecoins ‘poor output’ as money, is a warning of central banks

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The ball central bankers, a terrifying assessment of Stablecoins, the main requirements for the basic requirements for use, the basic requirements for the basic requirements, prevent the basic requirements for us to obstruct the basic requirements.

Bank, stablecoins, stablecoins, because they are not supported by central banks, they have failed three main tests, and have not been able to use illegal use and have not been able to finance the financing to create loans.

Stablecoins To play a bridge between volatile cryptovernment like Bitcoin and traditional money systems, it is designed to act as a bridge by watching the value of Fiat currencies with a single support in more secure assets such as government bonds and money market funds.

Their creators are more efficient than international bank transfers by transferring money over the Internet. However, it became popular with a channel, including cryptic traders and drug traffickers and polluted money laundering.

Hyun Shin, head of the BIS money and economic department, said that journalists are the risk of stablecoins rapidly with investors. “If it really asks, if there is such a procurement in the Stablecoin space, what the results would be,” he said.

Governments in the United States and the United Kingdom provide regulatory frameworks for stablecoins in response to growing use. There are more and about $ 250 billion in the prevailing circulation, which is already on the dollar-based verses such as the USDC.

Trump, since the last year’s presidential elections won a collateral with a collateral with a collateral with a collateral with a collateral with a hostage. The President is also a supporter World Freedom FinanceA cryptocurrency group with own Stablecoin USD1.

For the main central banks of the world, the forum said in a chapter of the annual economic report released on Tuesday: “Stablecoins’ can serve the role of future role in three tests, poor performance.”

Stablecoins “selected to use it for illegal use for the protection of integrity,” the report pointed out that the “client-client-client-customer-customer-customer-customer-customer-customer-customer-client-customer-customer-customer-customer-customer-customer-client.”

The crisis found “weak” in the form of “weak” in the function of the money adjustment of the money adjustment function due to the non-supportive of the central banks as lending resort.

“Stablecoins often trade in various exchange rates, which violates the single union,” stablecoins said. “They are not able to fulfill the principle of money provided by the Bank without question.”

Due to the need for support for the equivalent volume of them, there is no “elasticity” that allows banks to create additional money to banks.

“Any additional emissions require a complete prior payment by the owners who violate elasticity by applying the ‘cash advance’ limitation.

“The loss of money sovereignty and capital flight is great concerns for developing market and developing economies,” said BIS may provide new risks depending on legal and management regulations, “he said.

The body believes that central banks and commercial banks will be better to create a tokenized savings database and create centralized deposits to reduce the cost of border payments on the border.

The project is a seven main central bank and 43 trade institutions named Agorá.

“There is a choice of society,” Bis said. “The monetary system can be converted to a generational system based on trust and technologically superior, programmable infrastructure tests and tests.”

“Or society, union, elasticity and participation of special digital currencies that perform the triple test of elasticity and integrity, with personal society expenditures, cancel historical lessons on limitation of real societies.”