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Crypto Adoption in Emerging Markets Poses Risks to Financial Resilience: Moody's
Yahoo Finance· 2025-09-26 10:08
Cryptocurrency adoption in emerging markets poses risks to monetary sovereignty and financial resilience, credit ratings giant Moody's Ratings said in a report on Thursday. The risks are most acute in areas where crypto's use extends beyond investment into savings and remittances, according to the report. Moody's suggests that higher penetration of stablecoins pegged to the U.S. dollar weaken monetary transmission when it leads to pricing and settlement increasingly occurring outside a market's domestic c ...