🏛 The Bank for International Settlements questions stablecoins
According to the BIS report, stablecoins do not meet the key criteria for money: 'unity', 'elasticity', and 'integrity'. These assets resemble financial instruments more than money.
Bank experts note the demand for stablecoins due to their accessibility for cross-border transfers and low fees, but insist on a limited and clearly regulated role for these assets.
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