IMF Says Local Stablecoins Could Accelerate Digital Dollar Use
IMF official Dan Katz says local-currency stablecoins may make it easier for users to switch into dollar tokens, reshaping oversight of cross-border flows.
Tag: foreign exchange
Trace Finance Raises $32M to Expand Cross-Border Settlement Infrastructure
Trace Finance has raised a $32 million Series A led by CoinFund to expand its regulated cross-border payments, FX and settlement infrastructure.