Tether CEO Says Bank For International Settlements Is ‘Rightfully Worried’ Stablecoins Expose Banking’s Fractional-Reserve Problem
Aug 30 2026 13:26 UTC
Tether (USDT) CEO Paolo Ardoino said that the Bank for International Settlements (BIS) was “rightfully worried” that stablecoins were exposing a fractional-reserve problem at the heart of traditional banking.On Sunday, Ardoino argued that fully-reserved stablecoins were structurally safer than toke…
➤ Tether CEO Paolo Ardoino stated that the Bank for International Settlements (BIS) is correct to be concerned about stablecoins highlighting fractional-reserve issues in traditional banking.
➤ Ardoino argued that fully-reserved stablecoins are structurally safer than tokenized bank deposits, which he claims are only 10% liquid.
➤ The BIS chief, Pablo Hernández de Cos, countered that tokenized bank deposits are a better foundation for future money, citing stablecoins' lack of 'singleness,' 'interoperability,' and 'financial integrity.'
Read more at: https://rwatimes.io/articles/tradingview-tether-ceo-says-bank-for-international-settlements-is-rightfully-worried-stablecoins-expose-bankings-fractional-reserve-problem-2563995539?utm_source=binance
Aug 30 2026 13:26 UTC
Tether (USDT) CEO Paolo Ardoino said that the Bank for International Settlements (BIS) was “rightfully worried” that stablecoins were exposing a fractional-reserve problem at the heart of traditional banking.On Sunday, Ardoino argued that fully-reserved stablecoins were structurally safer than toke…
➤ Tether CEO Paolo Ardoino stated that the Bank for International Settlements (BIS) is correct to be concerned about stablecoins highlighting fractional-reserve issues in traditional banking.
➤ Ardoino argued that fully-reserved stablecoins are structurally safer than tokenized bank deposits, which he claims are only 10% liquid.
➤ The BIS chief, Pablo Hernández de Cos, countered that tokenized bank deposits are a better foundation for future money, citing stablecoins' lack of 'singleness,' 'interoperability,' and 'financial integrity.'
Read more at: https://rwatimes.io/articles/tradingview-tether-ceo-says-bank-for-international-settlements-is-rightfully-worried-stablecoins-expose-bankings-fractional-reserve-problem-2563995539?utm_source=binance