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stablecoins ruling the day

everyone seems to be making stablecoins now, how come countries are not allowed to make stablecoins for their own economy, with EM currencies failing all over the place, a responsible country trying to make a future for itself with a crypto of it's own is being bullied by the IMF to make them abandon the project, because this is the first time I hear the IMF referring to any of the various national crypto project (others are Venezuela and Iran) I can conclude the one from the marshall islands is probably the most mature or serious of the lot..

https://gizmodo.com/cool-island-bullied-by-imf-to-abandon-digital-currency-1828978413

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