EconomyNext currency crisis may be harder to contain because of stablecoins, New York Fed report finds
A New York Fed study found that wallets linked to countries facing currency or banking crises were more likely to receive dollar stablecoins, with receipt volumes rising during crisis weeks. The researchers say stablecoins give households and businesses a way to obtain dollar exposure outside domestic banking channels, potentially weakening capital controls in future crises.
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CryptoSlate★★★☆☆2026-08-27 21:20Original
Next currency crisis may be harder to contain because of stablecoins, New York Fed report finds
Economy