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Mind the Regulatory Gap in Stablecoins

Part II : Tokenization and the Future of Money

Karim Pakravan's avatar
Karim Pakravan
Jan 12, 2026
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Editor’s Note: Stablecoin companies have become major holders of US Treasuries. Does this create systemic risk? Economist Karim Pakravan explores how traditional and non-traditional financial systems…

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