Ashley Lannquist Profile picture
Advising countries on digital currency and #CBDC // Turkish-American Europhile //🤓 #twinsintech with @YolandaLannqist // Views my own
Nov 20, 2021 6 tweets 4 min read
The @wef has just released our evaluation of #stablecoins for #financialinclusion, looking closely through case studies about where they can help. We find no compelling added value from the use of stablecoins for financial inclusion. 🧵… #Stablecoins are subject to the same barriers and constraints as pre-existing financial options (or higher barriers in some cases, e.g. need for internet and smartphones). They can also introduce important risks on economic and technical levels.