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Bismuth BIS

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All the news for: Bismuth

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Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Tether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that they are collateralized by U.S. treasuries, while tokenized bank deposits are usually only backed by 10% in liquid assets. Tether… Read full article
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BIS Chief: Stablecoins Still Aren’t Credible Money at Scale
Bank for International Settlements (BIS) General Manager Pablo Hernández de Cos told the Jackson Hole Economic Policy Symposium on August 28 that stablecoins still fail as real money and tokenized deposits should instead carry the bulk of everyday payments. A… Read full article
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