BIS Study Raises Concerns About the Store of Value of 68 Stablecoins
The Bank for International Settlements (BIS), an international financial institution, has raised concerns that the 68 stablecoins in the market “do not live up to their names”. In the comprehensive analysis released on November 8, the institution revealed that, to date, not one stablecoin has met the prerequisites to be a secure store of value.The...