Banca D’Italia: Stablecoins Offer Little Benefit for Remittances
Stablecoins
Banca D’Italia: Stablecoins Offer Little Benefit for Remittances
A study by the Italian central bank states that the much-touted benefits of stablecoins for cross-border payments are overestimated, especially due to the costs and delays in converting to and from them.
Wouter De Clerck2 min read
- Banca d'Italia
- fiat
- Grensoverschrijdende Betalingen
- kosten
- onderzoek
- regulering
- Remittances
- Speed
- stablecoins
- usdc
Written by
Wouter De Clerck
Economics Editor · Leuven (BE)
Wouter follows macroeconomics, interest rate policy, and precious metals. He connects central bank decisions with what happens in the crypto and gold markets.