Are stablecoins money?
https://www.economist.com/finance-and-economics/2026/07/02/are-stablecoins-money
Policymakers’ job is to make them safe as well as useful.
https://www.economist.com/finance-and-economics/2026/07/02/are-stablecoins-money
Policymakers’ job is to make them safe as well as useful.
Stablecoins Are Private Money. That’s Why They’re a Risk to the Economy.
https://www.wsj.com/finance/currencies/stablecoins-are-private-money-thats-why-theyre-a-risk-to-the-economy-d3498171
Financial innovations often lead to upheaval and instability. Despite new regulations, those risks persist with stablecoins.
https://www.wsj.com/finance/currencies/stablecoins-are-private-money-thats-why-theyre-a-risk-to-the-economy-d3498171
Financial innovations often lead to upheaval and instability. Despite new regulations, those risks persist with stablecoins.
Is the Stablecoin Economy Structurally Sound?
https://www.project-syndicate.org/commentary/stablecoins-tokenization-blockchain-safety-reliability-cant-be-assumed-by-neha-narula-2026-03
If stablecoins and tokenized assets become systemically important, blockchains will become a form of systemically important infrastructure. But this shift will bring new risks, because not all blockchains are created equal, and they have largely avoided the degree of scrutiny the public expects of critical infrastructure.
https://www.project-syndicate.org/commentary/stablecoins-tokenization-blockchain-safety-reliability-cant-be-assumed-by-neha-narula-2026-03
If stablecoins and tokenized assets become systemically important, blockchains will become a form of systemically important infrastructure. But this shift will bring new risks, because not all blockchains are created equal, and they have largely avoided the degree of scrutiny the public expects of critical infrastructure.