As such, I don’t see the stablecoin market contracting any time soon. And as long as Trump continues his heavy-handed ...

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 ...

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

The stablecoin audit will detail the reserves backing USD1, which include US dollar deposits, treasuries, and cash ...

Hyperbolic as it may sound, the idea that large societal costs are incurred when the singleness of money breaks down is not without merit. The go-to example that central bankers, economic historians, ...

The stock of stablecoin issuer Circle’s shares (CRCL) entered a brief cool-off on the 24th of June after doubling in the ...

One of the world's oldest international financial organizations issued a report critical of stablecoins. Shares of Circle ...

The Bank for International Settlements has warned that stablecoins can’t replace real money, lacking central bank backing, ...

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, ...

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