Governments and Central Banks Continue to Be Necessary with ‘Stable Coins’ and Cryptocurrencies

September 8, 2020—Could so-called “stable coins” be the currency of the future? That’s what Andrew Bailey, governor of the Bank of England projected in a Thursday webinar on cryptocurrencies like Bitcoin. Such a shift might increase the speed of payments and lower the cost of currency, especially in

Governments and Central Banks Continue to Be Necessary with ‘Stable Coins’ and Cryptocurrencies
Photo of Andrew Bailey courtesy the Bank of England

September 8, 2020—Could so-called “stable coins” be the currency of the future?

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