Tether CEO Disputes BIS's Stablecoin Risk Warning, Highlights Differences from Tokenized Deposits
Aug 30 2026 09:42 UTC
ChainCatcher report: In response to recent warnings by BIS General Manager Pablo Hernández de Cos that stablecoins may pose risks to financial stability, Tether
➤ Tether CEO Paolo Ardoino refuted BIS General Manager Pablo Hernández de Cos's warning about stablecoin risks.
➤ Ardoino emphasized that stablecoins are fully backed by liquid assets like U.S. Treasuries, unlike tokenized bank deposits which use a fractional reserve model.
➤ The core argument highlights a fundamental difference in risk structure between fully-backed stablecoins and bank deposits.
Read more at: https://rwatimes.io/articles/kucoin-tether-ceo-disputes-bi-ss-stablecoin-risk-warning-highlights-differences-from-tokenized-deposits-1475274553?utm_source=binance
Aug 30 2026 09:42 UTC
ChainCatcher report: In response to recent warnings by BIS General Manager Pablo Hernández de Cos that stablecoins may pose risks to financial stability, Tether
➤ Tether CEO Paolo Ardoino refuted BIS General Manager Pablo Hernández de Cos's warning about stablecoin risks.
➤ Ardoino emphasized that stablecoins are fully backed by liquid assets like U.S. Treasuries, unlike tokenized bank deposits which use a fractional reserve model.
➤ The core argument highlights a fundamental difference in risk structure between fully-backed stablecoins and bank deposits.
Read more at: https://rwatimes.io/articles/kucoin-tether-ceo-disputes-bi-ss-stablecoin-risk-warning-highlights-differences-from-tokenized-deposits-1475274553?utm_source=binance