JACKSON HOLE, Wyoming, Aug 28 : Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of this new technology, said the chief of the Bank for International Settlements, a central bank umbrella group.Stablecoins are a typ

JACKSON HOLE, Wyoming, Aug 28 : Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of…

BIS General Manager Pablo Hernández de Cos said stablecoins fail key tests of money at Jackson Hole, recommending tokenized deposits for