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Stablecoins could accelerate digital money use in emerging markets, Dante Disparte notes

Stablecoins could accelerate digital money use in emerging markets, Dante Disparte notes
Stablecoins gain traction in emerging markets

Dante Disparte notes that regulatory actions should be evaluated by what authorities do rather than what they say. He argues that emerging markets stand to benefit significantly from stablecoin adoption, as these regions were already early leaders in the use of mobile money.

Disparte previously joined a panel at the BIS Annual General Meeting where experts examined the growing role of stablecoins in finance, according to a summary of the event. He has also discussed the challenges of cross-border payments and the function of stablecoins in building open financial infrastructure in a conversation with OMFIF and Martin Maloney. These discussions add context to his focus on regulatory actions and emerging markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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