Developing nations should look to stablecoins, not Bitcoin

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By Darren Parkin by Jai Bifulco, Chief Commercial Officer, Kinesis Money According to their 2030 Sustainable Development Goals (SDGs), the United Nations is committed to promoting “sustained, inclusive and sustainable economic growth”, pledging that “no one will be left behind” and endeavouring to “reach the furthest behind first”. It is curious, then, that the UN has raised its concerns on cryptocurrencies, which have clear benefits to financial inclusion. In its recent report, the UN’s Conference on Trade and Development (UNCTAD) called for a halt to the expansion of cryptocurrencies in deve…

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