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Global central bank officials: The U.S. is pushing stablecoins to accelerate "dollarization," threatening emerging markets.

Global central bank officials: The U.S. is pushing stablecoins to accelerate "dollarization," threatening emerging markets.

The United States is vigorously promoting the development of stablecoins, which is triggering collective alarm among central bank officials worldwide. Several top financial policymakers warn that the rapid expansion of USD-denominated stablecoins will intensify the risk of "dollarization" in emerging market economies, undermining their monetary sovereignty and capital
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