The Committee on Payment and Market Infrastructures (CPMI), which sets norms for the sector for the Bank for International Settlements, said stablecoins could “open up opportunities” for cross-border transfers by speeding up transactions and lowering costs, as proponents claim, but potential drawbacks would probably outweigh the benefits.
Why, for Some, Crypto Is the Defining Political Issue of Our Times
But I also understand why figures like Selkis are championing crypto into a political cause. Actually, they are simply noticing...