The Hutchins Center on Fiscal & Monetary Policy at Brookings will host Andrew Bailey, governor of the Bank of England, to discuss how these trends are evolving and the growing role of stablecoins, which are cryptocurrencies linked to the price of some stable asset or basket of assets. He will talk about the risks and benefits of these innovations and how they must be safe so we can use them with confidence. He will also explain how public authorities are enhancing existing infrastructure and consider the potential development of central bank digital currencies.
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