The Bank of Italy said stablecoins show their efficiency advantage most clearly when they do not need to be converted back into cash. According to the central bank, frequent exchanges between stablecoins and fiat currency introduce friction costs and reduce payment efficiency. The view points to a limited but clear area where a traditional financial regulator sees practical value in digital assets: use inside closed ecosystems where on- and off-ramping is not constantly required. The remarks were cited by Cointelegraph and later carried by Techub. While brief, the statement adds to the broader regulatory discussion around how stablecoins function in payments and where their operational benefits are strongest.
The Bank of Italy said stablecoins are most efficient when they do not need to be converted back into cash. The central bank said frequent conversion between stablecoins and fiat currency adds friction costs and lowers payment efficiency.
The position shows that a traditional financial regulator recognizes the value of digital assets in closed ecosystems. Cointelegraph was cited as the source of the report.
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