Stablecoins fare poorly on three measures of their use as a mainstay in the monetary system, the Bank for International ...

BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...

Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...

Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.

Kakaopay's stock fell 10%--the sharpest daily decline in more than three months--to close at 84,200 won, equivalent to $62.01. The slump followed the stock's forced trading suspensions on Tuesday and ...

Stablecoin firm Circle’s (CRCL) meteoric stock frenzy is showing some signs of cooling.

The Bank for International Settlements has warned that stablecoins fail to meet the criteria for sound money and are unlikely ...

Private crypto can’t pass the test to serve as the new backbone of the global monetary system ...

Top central bankers said stablecoins “perform badly” as money, contradicting U.S. President Donald Trump’s push to make them ...

Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...

The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries ...