‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
![](https://www.uomoelegante.it/wp-content/uploads/2023/11/primitive-stablecoin-lacks-mechanisms-that-maintain-fiat-stability-bis.jpg)
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.