Markets betting on stablecoin disruption, say IMF economists
Researcher tells Spring Meetings that established payment firms’ stocks fell after Genius Act
Financial market participants expect stablecoins to play a disruptive role in payments, researchers from the International Monetary Fund have concluded.
Speaking at the IMF Spring Meetings on April 13, Alexander Copestake presented a paper published on March 20, co-authored with Cage Englander, Maria Soledad Martinez Peria and Germán Villegas-Bauer.
Copestake and colleagues analysed the stocks of 35 listed US payment firms with a combined market capitalisation of $1.5 trillion in 2024. They found
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