Bank for International Settlements
Stablecoins are not safe—cash them out now: BIS
The November 8 BIS report detailed that from January 2019 to September 2023, fiat-backed stablecoins only maintained their peg 94%...
Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks
The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and...
Google pitches offline CBDC plan to central banks to boost adoption rates
The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given...
BIS releases details for widely anticipated Project mBridge ahead of MVP
Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
BIS completes wholesale CBDC trial for FX, cross-border payments
In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...
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