IMF says tokenization could transform settlement and financial stability
CoinTelegraph·
60-second summary
The International Monetary Fund emphasizes that tokenization has the potential to transform settlement and financial stability by streamlining markets through blockchain-based finance, citing its ability to increase efficiency and reduce costs. However, the IMF warns that fragmented standards and regulations may create new systemic risks, posing a challenge to its adoption.
The global lender says blockchain-based finance could streamline markets but warns that fragmented standards and regulations may create new systemic risks.