BIS chief says stablecoins not credible means of payment at scale, favors tokenized deposits
At the Jackson Hole symposium, BIS General Manager Pablo Hernández de Cos stated that stablecoins are not a credible means of payment at scale, citing reliability, scalability, interoperability, and AML concerns, and argued that tokenized bank deposits are a more compelling path for everyday payments. The remarks were widely reported across multiple outlets.
Detected & updated continuously · Source: Nebula
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@Techub_News
⚡国际清算银行：稳定币发行限制仅针对发行实体 BIS clarifies stablecoin issuance restrictions apply only to issuing entities https://t.co/CnyFQ4WR5i
@cryptoiz_IDN
Stablecoin sering disebut bakal jadi salah satu fondasi sistem pembayaran masa depan. Tapi BIS justru melihatnya berbeda. General Manager BIS Pablo Hernández de Cos mengatakan stablecoin belum cukup kredibel untuk menjadi alat pembayaran dalam skala besar. Menurutnya, https://t.co/ZGXsrSVPrf
@coinboy717
BIS 총재 “스테이블코인, 대규모 결제수단으로는 한계” BIS의 파블로 에르난데스 데 코스 총재가 잭슨홀에서 스테이블코인보다 토큰화 예금이 일상 결제에 더 적합하다고 평가함. - 스테이블코인은 대규모 결제수단으로는 신뢰성·확장성 한계 - 일상 결제는 토큰화 예금이 더 적합하다는 입장 - https://t.co/aFxpUsFRub
@blckchaindaily
🚨 BIS CHIEF: STABLECOINS NOT CREDIBLE MEANS OF PAYMENT AT SCALE; TOKENIZED DEPOSITS MORE COMPELLING
@BitcoinWorldN
BIS Chief Questions Stablecoins as Payments Face Global Regulatory Scrutiny #Stablecoins #BIS #CryptoRegulation #Payments #CryptoNews https://t.co/ufjhL9eVOf
@thedailyblock
🚨 BREAKING: BIS Chief Says Stablecoins Aren't Credible at Scale The head of the Bank for International Settlements says stablecoins are not a credible means of payment at scale, arguing that tokenized bank deposits offer a stronger path forward.
@CryptooIndia
🚨NEW: Bank for International Settlements (BIS) chief says stablecoins are not fit for payments at scale. • Warns stablecoins could raise bank funding and borrowing costs • Cites limited interoperability and AML concerns • Says dollar stablecoins could weaken monetary https://t.co/j8RcirKESx
@allthemoney
Stablecoins not a credible means of payment at scale, BIS chief says https://t.co/7ZbBjfLOWy