Coinbase Challenges BIS Report, Defends Stablecoins as Future of Digital Money
Coinbase has pushed back against the Bank for International Settlements’ (BIS) latest assessment of stablecoins, rejecting the institution’s claim that digital dollar-pegged tokens fall short of functioning as money. The response comes after the BIS released its Annual Economic Report 2026, in which it argued that today’s stablecoins do not satisfy the key characteristics required…
