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

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

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

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

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

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

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

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 ...

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, ...

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

Bank for International Settlements releases ‘advance chapter’ on stablecoins ahead of its Annual Economic Report that paints ...