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Why has Singapore emerged as the stablecoin centre?

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam • 4 min read
Why has Singapore emerged as the stablecoin centre?
Stablecoins will not make great television. But they may protect your money / Photo: Shutterstock
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Investors may want to check out the latest hit on Netflix — a series called Peaky Blinders, which has been viewed 25 million times. The series is set in the 1940s during WW2.

It features a Nazi plot to destroy the British economy. Hitler planned to flood the British economy with GBP70 million of counterfeit banknotes. The fake notes are manufactured by concentration camp inmates.

The plot was to create hyperinflation of the sort that Zimbabwe saw in the 1990s. The TV show is set long before Mugabe ravaged that country. The Nazis plan to destroy the British economy from the inside.

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