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, ...

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

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

Shares of Circle Internet Group ( CRCL -9.45%) are falling today, down 9.1% as of 2:57 p.m. ET. The drop comes as the S&P 500 ...

Hyun Song Shin, the BIS' Economic Adviser, explained that stablecoins lack the traditional settlement function provided by a ...

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

The Bank for International Settlements (BIS), often dubbed the central bank for central bankers, has issued a withering ...

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 ...

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