Stablecoin less preferable form of tokenized money, BIS paper finds

by Aurelia Butler 11 April 2023, 23:20 119 Views

Tokenization is “the process of representing claims in a digital form that allows them to be transacted on programmable platforms using smart contracts,” the paper said. Tokenized money can be a bearer instrument, where the claim on the issuer is transferred without affecting the issuer’s balance sheet. Stablecoin is an example of this.

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Stablecoin less preferable form of tokenized money, BIS paper finds

Fed’s Harker wants interest rates to get above 5%, then sit

World Bank chief says Western European countries need to help fund Ukraine reconstruction

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