Stablecoins vs Tokenized Deposits Why 2025 Regulators Care About the Difference
Digital money is evolving quickly, and regulators are focusing more closely on the distinctions between different types of digital value. Stablecoins and tokenized deposits are often grouped together, but they operate in fundamentally different ways. The IMF’s 2025 analysis explains why these differences matter for monetary stability, financial supervision, and the structure of modern payment […]