Central Banks Map Their Role in a Payments System Shared with Stablecoins

CPMI Defines Four Central Bank Roles as Digital Payments Evolve

The committee says central bank money remains the settlement asset for systemically important payment systems as stablecoins and tokenized deposits enter the mix.

CPMI Report Says Central Bank Money Remains Anchor of Trust in Stablecoin Era

TLDR A BIS committee published a report on Oct. 29 outlining four central bank roles in a changing payments system. The four roles are issuer, operator, overseer and catalyst. The report calls central bank money the “anchor of trust” for settling payments. Stablecoins and tokenized deposits may improve efficiency but could also spread new risks. [...]

Central Banks Define Their Role in a Payment System Shared With Stablecoins

Key options for settlement access, system infrastructure, and regulatory oversight are detailed in a new BIS committee report as tokenized deposits and stablecoins enter today’s payment landscape. An analysis examining four essential roles for central banks—issuer, operator, overseer, and catalyst—was published on Oct. 29 by the Bank for International Settlements’ Committee on Payments and Market […]

Central banks map their role in a payments system shared with stablecoins

The October 29 official summaries connect settlement access, infrastructure, oversight and coordination while keeping potential benefits and risks conditional. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

CPMI publishes analysis on how central banks support payment system safety and efficiency and trust in money in the rapidly changing payments ecosystem