📌 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.
$BLOCK4
BIS annual report says stablecoins still fall short of money on singleness, elasticity and integrity and warns growing use could amplify emerging‑market and cross‑border risks. The report urges stronger safeguards; some newer tokens, including #block-4, do not meet full monetary criteria.
#Macro Insights# #BIS #stablecoins