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Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets.
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits
The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027.
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments.
