BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.
Stablecoins not credible for payments at scale, BIS chief says
Related News
Stablecoins
$4,000,000+ Allegedly Taken From Thousands of Victims in Florida Psychic Mail Fraud Scheme
A former Florida resident faces federal charges over a psychic mail fraud scheme that allegedly collected mor…
Stablecoins
Virginia-Based FBI Agent Pleads Guilty to Stealing $2,474,380 in Cryptocurrency From Crime Victims
Federal prosecutors have secured a guilty plea from a former FBI agent accused of stealing nearly $2.5 millio…
Bitcoin
Stablecoin contraction forces Bitcoin drop despite Fed reserve gains
The dated comparison pairs a reserve rebound with shrinking dollar-token circulation, leaving the link to Bit…
DeFi
Morpho loan stress exposes cbXRP, but spares native XRP
A November 6 snapshot placed 8.84 million USDC across 1,070 positions within a further 10% oracle decline, as…
Comments (0)
Please sign in to comment.
No comments yet. Be the first to comment.