News30.04.2025
“A stablecoin can be a valuable addition – under clear conditions”
Stablecoins are digital currencies that promise to maintain a stable value – for example, by being pegged to a traditional currency. But how stable are they really, and what does their introduction mean for the financial system? These questions are at the core of a new expert report published by the Swiss Bankers Association (SBA). Dr. Martin Hess, Chief Economist of the SBA, explains why the debate is more complex than it might first appear.