Stablecoins will dilute capital flow measures of emerging economies, says India cenbank official

Reuters

Stablecoins will dilute capital flow measures of emerging economies, says India cenbank official

Stablecoins will dilute the role of key capital flow measures in emerging economies, the deputy governor of India's central bank, T. Rabi Sankar, said on Friday, adding that India's approach towards them must be guided by caution.