·Confidence 80%
BIS Implements XRP Ledger for Data Verification Pilot
The Bank for International Settlements is testing the XRP Ledger for on-chain verification, aiming to improve trust in official statistics and data integrity.
#BIS
5 articles tagged with #BIS
·Confidence 80%
BIS Utilizes XRP Ledger for Rapid Data Verification
The Bank for International Settlements has tested the XRP Ledger for quick data verification, while XRP remains at $1.37 amid market consolidation.
·Confidence 90%
BIS Chief Warns Stablecoins Unfit for Large-Scale Payments
The BIS reiterates concerns over stablecoins, stating they lack the credibility needed for widespread payment use, amid leadership changes at the institution.
·Confidence 90%
BIS Chief Critiques Stablecoins for Large-Scale Payments
BIS head Pablo Hernández de Cos argues that stablecoins are not credible for large-scale payments, citing a new FSI study on issuer regulations.
·Confidence 90%
BIS Chief Advocates Tokenized Deposits Over Stablecoins
The BIS chief argues that stablecoins lack the credibility needed for large-scale payments, advocating for tokenized deposits to enhance financial stability.