Capital markets, payments companies spar over stablecoins
Capital markets, payments companies spar over stablecoins
Financial leaders debated stablecoins at a Mumbai summit, with the payments industry championing their potential for faster, cheaper cross-border transfers. However, capital market representatives cautioned against decentralized models, fearing they could undermine regulations, tax collection, and market integrity. Policymakers are urged to consider the risks associated with this shift.
Financial leaders debated stablecoins at a Mumbai summit, with the payments industry championing their potential for faster, cheaper cross-border transfers. However, capital market representatives cautioned against decentralized models, fearing they could undermine regulations, tax collection, and market integrity. Policymakers are urged to consider the risks associated with this shift.
Financial leaders debated stablecoins at a Mumbai summit, with the payments industry championing their potential for faster, cheaper cross-border transfers. However, capital market representatives cautioned against decentralized models, fearing they could undermine regulations, tax collection, and market integrity. Policymakers are urged to consider the risks associated with this shift. 
