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December 2025
Stablecoins may concentrate financial power and reinforce the current structure of the international monetary system
Eswar S. Prasad
September 2025
It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity
PHILIP R. LANE
September 2022
As bytes replace dollars, euros, and renminbi, some changes will be welcome; others may not
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