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BIS says stablecoins fall short as money, warns of emerging-market risks in annual report

Covered by 3 sources · 3 articles

3 outlets - including Cryptopolitan, Crypto-economy and Theblock - are covering this story. The Bank for International Settlements (BIS) has reported its assessment of stablecoins based on specific variables, and has concluded that they do not function as money was originally intended. The institution has warned in its latest 2026…

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Cryptopolitan Jun 29, 17:45 UTC

BIS says that dollar-backed stablecoins fall short of money, warns markets about FX risk

The Bank for International Settlements (BIS) has reported its assessment of stablecoins based on specific variables, and has concluded that they do not function as money was originally intended. The institution has warned in its latest 2026…

Annual BIS Report Highlights ETF‑Style Risks in Stablecoins and Rising FX Pressure
Crypto Economy Jun 29, 14:48 UTC

Annual BIS Report Highlights ETF‑Style Risks in Stablecoins and Rising FX Pressure

TL;DR: The BIS claims stablecoins function more like ETFs than real money, as their prices deviate from parity and redemptions are not guaranteed. The report warns that the expansion of dollar-denominated stablecoins threatens monetary sove…

The Block Jun 28, 22:04 UTC

BIS says stablecoins fall short as money, warns of emerging-market risks in annual report

The Bank for International Settlements argued in its annual report that stablecoins still fall short of money on singleness, elasticity and integrity.