By 
“This is not a given for stablecoins.”
– Chia Der Jiun, Managing Director, Monetary Authority of Singapore, on why bank deposits hold their value · Friday
Welcome to the Monday edition of the 51 Insights digital asset newsletter.
Ahead of Thursday's G20 meeting, Singapore's central bank questioned whether stablecoins can settle big trades.
Here's what matters this week:
Singapore's central bank questions stablecoins for large trades.
The FSB tells the G20 that stablecoins are untested in a crisis.
Standard Chartered holds Ripple's stablecoin and plans a collateral link.
THE BIG STORY / SETTLEMENT
Central banks want the cash leg
What's going on here?
When you buy a tokenized bond, something has to pay for it. Central banks would like that something to be their money.
