Are “Reserve Currency” Stablecoins Viable Under Current Regs?

RoseMerry

Well-known member
Some projects are pushing stablecoins as replacements for national currencies in weak economies.
What's the global stance on using stablecoins like this?
Could something pegged to USD but promoted as a "reserve currency stable" attract IMF or FATF scrutiny?
Curious if any countries allow this openly.
 
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