Jeremy Kranz: Privately-Issued Stablecoins Resemble CBDCs

As the cryptocurrency landscape evolves rapidly, stablecoin risks and opportunities become increasingly apparent. Industry expert Jeremy Kranz highlights the potential dangers of privately-issued stablecoins, urging investors to exercise caution in their investment strategies. He emphasizes that these tokens, often marketed as digital dollar equivalents, share similarities with central bank digital currencies (CBDCs) in terms of surveillance and control mechanisms.