
The Currency Analytics
BIS Leader Questions Viability of Stablecoins for Payment Solutions
Pablo Hernández de Cos doesn't mince words.
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The Currency Analytics
Pablo Hernández de Cos doesn't mince words.

CryptoSlate
Wall Street now wants a ticker to hold almost any financial idea an investor might type into a brokerage search bar, from Bitcoin and funds promising two or three times a stock's daily return to private assets and contracts tied to elections or economic events.

Coindesk
Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500-institution network gives it the power to absorb the technology instead.

Coindesk
AI agents are coming. They will need to pay each other.

Cryptopolitan
Upbit remains ahead of other South Korean crypto venues, recording roughly $1.04 billion in spot volume over a 24-hour window as traders continue to jump on the crypto momentum train. The figure is more than the combined turnover of Upbit's three closest domestic rivals.

Coinpaper
AI crypto wallets let software agents hold, spend and trade digital assets under preset rules. Here's how they work and where the risks are.

Crypto Daily
BitGo completed its NYDIG institutional trading acquisition for $42.5 million upfront, with up to $15 million in cash earnouts tied to revenue targets.

Crypto Daily
HMRC says 240 people reported more than £1 million each in cryptoasset gains in 2024 to 2025, with £717 million reported by the group.

BeInCrypto
Reform UK has stripped crypto firms from its conference sponsor list. The move lands days after British police revealed a $1.4 million Bitcoin forfeiture.

Decrypt
The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.

Cointribune
Stablecoins do not constitute a credible means of large-scale payment, decided Pablo Hernández de Cos, head of the BIS, on Friday. Before the Jackson Hole symposium on August 28, he preferred tokenized bank deposits.

Coindesk
When you strip out what was never mobile, correct for who's holding what and why, add back what works off-contract, the utilization of tokenized assets looks close to 20%, argues Katana's Matthew Fisher.

Cryptonews
UAE-linked investors hold 49% of World Liberty Financial's planned crypto bank venture after the OCC's preliminary approval for USD1 services.

The Currency Analytics
Pablo Hernández de Cos didn't mince words.

Crypto Economy
Stablecoins are becoming a serious payment rail, with adjusted transaction volume on track to exceed $10 trillion in 2025. PayFi uses stablecoins and smart contracts to reduce reliance on correspondent banks and automate payments.

BeInCrypto
Three altcoins to watch this weekend share the same setup. Lighter (LIT), Zcash (ZEC), and Rain (RAIN) have each broken above multi-month highs and tagged their first Fibonacci extension target.

Coinspress
BIS chief Pablo Hernández de Cos says stablecoins could reshape bank funding and Treasury demand but remain ill-suited to everyday payments at scale.

Crypto news
INTERPOL has reported 58 arrests, 263 identified suspects and $2.67 million seized after a 22-country operation targeted crypto investment scams, romance fraud and money laundering networks. According to an official INTERPOL release published on Aug.

Crypto news
The Bank of Russia is building a surveillance apparatus for digital assets at the same time the Russian state relies on those assets to circumvent Western financial restrictions. The contradiction reveals how governments actually think about crypto.

Crypto news
A research paper published this week quantifies what happens when bank deposits move at blockchain speed.