Crypto
IMF warns tokenised finance could trigger crises faster than central banks can respond
The International Monetary Fund has warned that tokenised finance, while promising lower costs and faster settlement, could trigger financial crises at a pace that makes it hard for central banks to respond. In a report by IMF financial counsellor Tobias Adrian, the IMF described tokenisation as a structural shift in financial architecture. The report flags risks from removing settlement buffers, vulnerability of stablecoins and limited growth in tokenised lending.
