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According to reports, Agustin Carstens, the general manager of the Bank for International Settlements (BIS), which criticized the stable currency, said that th…

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According to reports, Agustin Carstens, the general manager of the Bank for International Settlements (BIS), which criticized the stable currency, said that the events in 2022 made people “seriously doubt the ability of the stable currency to play a role as a currency”. The stable currency is a cryptocurrency linked to the value of other assets such as sovereign currency, and cannot benefit from the regulatory requirements and protection applicable to bank deposits.

BIS General Manager: The events in 2022 raised “serious doubts” about the stable currency as a currency

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