Fiat currencies will be part of the backstop for digital currencies, says BIS executive
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Fiat currencies will be part of the backstop for digital currencies, says BIS executive

Benoît Coeuré of BIS says the stability of the global financial system requires central bank money to be available at the back-end of the system. However, it may need to evolve or be tokenized to be part of the backbone.
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Thu, Feb 20 20202:25 AM EST