The International Monetary Fund’s (IMF) managing director Kristalina Georgieva sought investors to choose wisely, instead of shunning crypto, after the Terra-Luna event. While speaking at the World Economic Forum’s annual meeting in Davos, Georgieva asserted that investment in stablecoins that are not backed by real-world assets is the same as investing in a Pyramid scheme. […]The post Stablecoins Not Backed By Real-World Assets Are Like Pyramid Schemes: IMF Chief Kristalina Georgieva appeared first on Vauld Insights.
