[Former BIS Chief Softens Stance on Stablecoins, Supports Coexistence with Fiat Currency] Odaily Planet Daily News – Former Bank for International Settlements (BIS) Chief Agustín Carstens stated at the Point Zero Forum that stablecoins can promote financial innovation and inclusivity while reducing costs. He emphasized that efforts should be made to create conditions for the coexistence of fiat currencies and stablecoins. If the goal is to establish a global system where stablecoins interact with global currencies, it must be a collaborative global effort. Improved regulation and a level playing field for issuers can help stablecoins thrive in a dramatic way. (cointelegraph)