Nobel Prize in Economic Sciences laureate: Stablecoins are "under-regulated" and if they collapse during a financial crisis, the government may be forced to provide billions of dollars in bailouts.
Jin10 reported that Nobel laureate Jean Tirole warned that the "lack of regulation" of stablecoins could force governments to provide billions of dollars in bailouts if these tokens collapse during a future financial crisis.
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Nobel Prize in Economics winner: Stablecoins are "under-regulated"; if they collapse during a financial crisis, governments may be forced to provide billions in bailouts. According to a report by Jinse Finance, Nobel Prize in Economics winner Jean Tirole warned that stablecoins are "under-regulated" and if these tokens collapse during a future financial crisis, governments may be forced to provide billions in bailouts.
Nobel Prize in Economic Sciences laureate: Stablecoins are "under-regulated" and if they collapse during a financial crisis, the government may be forced to provide billions of dollars in bailouts.
Jin10 reported that Nobel laureate Jean Tirole warned that the "lack of regulation" of stablecoins could force governments to provide billions of dollars in bailouts if these tokens collapse during a future financial crisis.