🚨 JUST IN: Central bankers warn US stablecoins could accelerate dollarisation in emerging markets and enable criminal activity, per FT.

This is a big signal from policymakers — and it’s not just about crypto.
Stablecoins tied to the US dollar are spreading fast across weaker economies, where local currencies are unstable. That means people increasingly bypass their own financial systems and move into digital dollars.
On one side, this brings efficiency, faster payments, and financial access.
On the other, it weakens local currencies, reduces central bank control, and raises concerns around illicit flows.
The real tension is clear:
Innovation vs control.
As stablecoins grow, expect tighter regulation, more scrutiny, and a bigger global debate on who really controls money in the digital age.