(https://i.imgur.com/THrcGjGm.jpg)
The Federal Reserve’s ongoing research into central bank digital currencies, or CBDCs, has broadened to include stablecoins and whether they can be effectively regulated. In their paper, which was published in SSRN’s eLibrary on July 17, Gorton and Zhang argue that “privately produced monies” such as stablecoins are “not an effective medium of exchange... See more for yourself here (https://cointelegraph.com/news/fed-and-yale-researchers-lay-out-2-regulatory-frameworks-for-stablecoins).
Your opinion is greatly appreciated.