Economics professor and bitcoin critic Nouriel Roubini is working on a tokenized asset designed to become a "more stable dollar" in the face of rising inflation. This was reported by Bloomberg.
Roubini is developing new financial products at Dubai-based Atlas Capital Team. He joined the firm two years ago as co-founder and chief economist.
Roubini expects the asset-backed digital coin to be a hedge against rising prices and to capitalize on the sharp demand for land and commodities, as well as the loss of confidence in fiat.
https://cryptospection.com/nouriel-roubini-will-develop-a-tokenized-substitute-for-the-dollar/
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