Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees

What happened

Paul Krugman believes that the ‘only economic reason’ to use stablecoins is that they ‘facilitate criminal activity.’ American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled.