BIS Sees Tokenised Deposits Playing Bigger Role Than Stablecoins in Future Payments

The Bank for International Settlements (BIS) has backed tokenised deposits as a stronger foundation for future payments than stablecoins. BIS General Manager Pablo Hernández de Cos outlined the position at the Jackson Hole Economic Symposium on 28 August. Tokenised deposits could enable programmable payments while remaining connected to central bank money. This would help ensure [...] The post BIS Sees Tokenised Deposits Playing Bigger Role Than Stablecoins in Future Payments appeared first on F