Home Technology Stablecoins not a credible means of payment at scale, BIS chief says

Stablecoins not a credible means of payment at scale, BIS chief says

Stablecoins not a credible means of payment at scale, BIS chief says

Written By:
Published: August 28, 2026 22:33:06 IST

Add NewsX As A Trusted Source

JACKSON HOLE, Wyoming, Aug 28 (Reuters) – Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of this new

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

Pasqal shares leap as French quantum firm makes Nasdaq debut

US federal agency confirms data breach in wake of claims by ransomware group

US federal agency confirms data breach in wake of claims by ransomware group

Pasqal shares leap as French quantum firm makes Nasdaq debut

France’s quantum computer maker Pasqal surges in Nasdaq debut

LATEST NEWS

Norway's Leknessund solos to Vuelta stage-seven win, Pogacar extends lead

BRIEF-APTIM Awarded $997 Mln Navy Contract Vehicle For Global Fuel Infrastructure

PayPal shares sink on reports Advent-Stripe consortium walks away from bid

Springboks fine-tune preparations in Cape Town ahead of All Blacks clash

UPDATE 2-Chile's Codelco posts stronger profit on copper rally as mine disruptions drag on output

Stablecoins not a credible means of payment at scale, BIS chief says

Rate-hike expectations rise on Warsh speech at Jackson Hole

Paddon takes early lead after trouble-filled Rally Paraguay opening loop

UPDATE 1-Soccer-Ruiz named Brighton women's coach after Vidosic exit week before WSL season

Prediction markets take a swing at hedging for US small businesses

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS