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Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche

The Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are not being used at any significant scale for payments at present.

Updated May 11, 2023, 5:05 p.m. Published Oct 13, 2021, 8:00 a.m.
FSB Chair Randal Quarles (Lintao Zhang/Getty Images)
FSB Chair Randal Quarles (Lintao Zhang/Getty Images)