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BIS Chief Critiques Stablecoins for Large-Scale Payments

Key takeaways

  • BIS head Pablo Hernández de Cos argues that stablecoins are not credible for large-scale payments, citing a new FSI study on issuer regulations.

Analysis

BIS head Pablo Hernández de Cos argues that stablecoins are not credible for large-scale payments, citing a new FSI study on issuer regulations.

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