MAS’ Ravi Menon Calls Cryptocurrencies a Failure, Backs CBDCs and Stablecoins

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MAS’ Ravi Menon Calls Cryptocurrencies a Failure, Backs CBDCs and Stablecoins

Menon mentioned how Project Guardian, led by MAS and industry partners, is tokenizing foreign exchange, bonds, and funds to enhance global liquidity, streamline cross-border transactions, and improve operational efficiency in financial markets, with trials by major global banks. www.coindesk.com

Menon mentioned how Project Guardian, led by MAS and industry partners, is tokenizing foreign exchange, bonds, and funds to enhance global liquidity, streamline cross-border transactions, and improve operational efficiency in financial markets, with trials by major global banks.

www.coindesk.com

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