IMF’s Adrian says tokenised finance needs public backstops
Fund’s director says singleness of money is crucial to maintain financial stability
Public backstops to tokenised finance will remain essential to ensuring the singleness of money and financial stability, the International Monetary Fund’s Tobias Adrian has told Central Banking.
The director of the International Monetary Fund’s monetary and capital markets department was speaking this week from the sidelines of the IMF’s Spring Meetings in Washington, where he expanded on the themes of a research paper on tokenised finance published on April 2.
In the paper, Adrian identified
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Fintech
Markets betting on stablecoin disruption, say IMF economists
Researcher tells Spring Meetings that established payment firms’ stocks fell after Genius Act
Central bankers highlight insider threats to cyber security
Due diligence, including into third parties, is essential to mitigating problem, panellists say
Central bankers test AI’s ability to detect systemic risk
Innovation leaders tell Central Banking Meetings that information silos still pose challenges
ECB study finds concentrated power in DeFi
Authors say all crypto services should fall under Micar, as full decentralisation does not exist
RBA’s Jones heralds ‘seismic’ shift from tokenisation
Assistant governor says bank’s Project Acacia will illustrate technology’s transformational potential
Decentralised money always fragments – BIS’s Shin
Paper shows blockchain-based finance cannot replicate network effects of central bank money
Fintech Benchmarks 2026 – model banks analysis
Data breakdowns reveal divergent approaches to CBDC, fintech staffing and AI adoption
Fintech Benchmarks 2026 – executive summary
Benchmarks shed light on the race between different digital assets, public and private