IMF chief says use of stable coins rose to US$158.6 billion in 2021

News published on Sep 15, 2022 @ 3:55 pm
Mamadou D. Barry, the IMF Resident Representative for The Gambia has recently stated that the use of stable-coins, albeit very limited before the pandemic, more than quintupled in value in 2021 from US$28.5 billion to US$158.6 billion, while crypto-assets tripled from US$763.3 billion to US$2.3 trillion across the globe.
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