Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument
December 29 2024 - 2:45PM
The Daily Hodl
The Monetary Authority of Singapore (MAS) says that stablecoins
have the potential to become a widely adopted means of payment. In
an interview with The Business Times, MAS managing director Chia
Der Jiun says stablecoins have immense potential provided that
regulations are in place to keep the crypto assets from straying
from their linked value. […]
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