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

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 ...

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

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

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

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

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

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

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

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