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25
Jun

Central banks warn stablecoins perform poorly as money

The Bank for International Settlements (BIS), often referred to as the central bank of central banks, has issued a stark warning regarding stablecoins, asserting that these digital assets “perform poorly” against the fundamental requirements for sound money. This assessment challenges the notion that stablecoins could become a pillar of mainstream finance and…

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Established as part of the Atlas Technologies Group and building on the legacy of Kapronasia (founded in 2007), Atlas Technologies Singapore is a strategic consulting and market research firm specializing in fintech, banking, payments, and capital markets across Asia Pacific.

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