Defi
BIS Chief De Cos Says $315 Billion Stablecoin Market Unfit for Core Payments
COINOTAG·August 31, 2026·1 min read
BIS chief de Cos declared the $315 billion stablecoin market unfit for core payments, citing failures in singleness, interoperability, and soundness. He backed tokenized deposits as the preferred alternative for settlement, signaling central bank preference for regulated digital money over private stablecoins.
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