VC Warns of Risks in Privately-Issued Stablecoins, Calling Them ‘Digital Currency’ Like Central Bank Options

Investors are urged to exercise caution when considering privately-issued stablecoins due to their similarities with central bank digital currencies (CBDCs), according to Jeremy Kranz, managing partner at venture capital firm Sentinel Global. Kranz argues that these stablecoins mirror the surveillance, control, and programmatic features found in CBDCs, posing unique risks of their own.