Stablecoin Developments Is Observed Closely by Bank of France

Stablecoin Developments Is Observed Closely by Bank of France

Francois Villeroy, governor of the Bank of France declared that they are interested in Stablecoin. The Bank of France reminds those investing in bitcoin that they do so entirely at their own risk. Unlike bitcoin, stablecoins are designed such that their value is always tied directly to some asset, such as gold, or are stabilized by an algorithm.

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