BIS Warns Stablecoins Fail Key Monetary Tests
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最新报道：The Bank for International Settlements (BIS) has issued a warning that stablecoins are failing key monetary tests, raising concerns about their reliability as a form of digital currency. In a recent report, the BIS highlighted that stablecoins lack the necessary stability and trust to function effectively as money, particularly during times of market stress. The report pointed out that stablecoins often suffer from liquidity mismatches and insufficient collateral, which can lead to rapid devaluation or even collapse. Additionally, the BIS emphasized that stablecoins do not meet the criteria of being a safe store of value, a medium of exchange, or a unit of account—three fundamental functions of money. The findings underscore the need for stronger regulatory oversight to address these vulnerabilities and protect consumers. The BIS also called for further research into central bank digital currencies (CBDCs) as a more stable and trustworthy alternative to privately issued stablecoins. This report comes amid growing scrutiny of stablecoins by global regulators, who are increasingly concerned about their potential risks to financial stability.
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