Stablecoins

Top central bankers aren’t impressed with the global stablecoin craze. Host Carmel Crimmins talks to Hyun Song Shin, economic adviser and head of the monetary and economic department at the Bank for International Settlements, about why stablecoins are no substitute for money. Plus, we head to Turkey to hear how they're being used in the real world. Sign up for the Reuters Econ World newsletter ⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠. For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices