BIS: Stablecoins fail to qualify as real money, pose risks to global monetary systems

25-6-2025 – The Bank for International Settlements (BIS), often dubbed the “central bank for central banks,” has declared that stablecoins—digital assets tethered to fiat currencies—fall short of qualifying as true money. A meticulously crafted report, unveiled on Tuesday, asserts that these assets falter against three pivotal benchmarks essential for a robust monetary framework: singleness, elasticity, [. . source: https://www.cointrackdaily.com/bis-stablecoins-fail-to-qualify-as-real-money-pose-risks-to-global-monetary-systems/