🚨 The head of the Bank for International Settlements publicly disparages stablecoins—yet Visa has just launched stablecoin payments in South Korea. So where do you stand?

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Event intro: BIS (Bank for International Settlements, the central bank’s central bank for global central banks) released a fresh statement: stablecoins lack credibility and can’t support large-scale payment scenarios. At the same time, Visa has just partnered with Dunamu to formally roll out stablecoin payments in South Korea. One says “no,” the other quietly gets it done—traditional finance has split itself first.

Make it concrete: the size of central bank reserves managed by the BIS is in the trillions—one sentence can steer global payment rules discussions. Meanwhile, on Visa’s side, stablecoin payments have been deployed this year across multiple Asian countries, with transaction volume up sharply year over year. On one side, the rule-maker’s concerns; on the other, real money showing up—full-on sense of conflict.

Cross analysis: this is actually the same story as that news earlier this morning—institutions question stablecoins with their mouths while their bodies are very honest about moving funds into the crypto lane. Grayscale says U.S. Treasuries are the driver behind BTC’s rise; the BIS says stablecoins don’t work—but Visa, PayPal, and others are already casting votes with their feet. The louder the doubts, the faster the rollout—this is the 2026 crypto narrative.

Elevator line: Rules always lag behind demand—and that’s the industry’s biggest beta.

Risk hedge: but stay clear-eyed—BIS’s concerns are not without reason. Transparency of stablecoin reserves and the risk of bank runs are indeed swords hanging overhead. If regulation tightens, the payment narrative could cool down temporarily—don’t let short-term positions get too overexcited.

👀 Do you think stablecoins will be accepted by mainstream payments first, or will regulators clamp them down first? Chat your thoughts in the comments.

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#稳定币 #Visa #BIS #加密支付 #宏观