Tokenization could make finance faster, but also more susceptible to shocks, IMF says
CoinDesk·
60-second summary
The International Monetary Fund warns that tokenization, enabling faster and cheaper finance, also increases the risk of sudden shocks. Tokenization's reliance on digital assets and decentralized networks makes it more susceptible to cyber attacks, market volatility, and disruptions, potentially destabilizing the broader financial system and its participants, raising concerns for global economic stability and security.
Tokenization could make finance faster and cheaper. It also makes it more vulnerable to sudden shocks, the International Monetary Fund said.