BIS Stablecoin Warning Meets US Policy Momentum
 
                        
Stablecoins | June 27, 2025 BIS Says Stablecoins Fail Key Money Tests as US law Progresses On June 24 2025, in chapter 3 of its Annual Economic Report, "The next generation monetary and financial system" (38 page PDF), the Bank for International Settlements (BIS) warns that stablecoins fail to function as real money. The report
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