BIS Chief Questions Stablecoin Credibility for Large-Scale Payments

2026-08-29

Agustín Carstens, General Manager of the Bank for International Settlements (BIS), has expressed doubts regarding the suitability of stablecoins for widespread payment use. A recent BIS study also points to inconsistencies in regulatory frameworks for stablecoin issuers.

Source: CoinTelegraph

Reported by VERA Newswire.