Evidence record
BIS CPMI report sets out central banks' roles as stablecoins and tokenised deposits reshape payments
Read the item · published 2026-10-29
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- 2026-10-31 16:50 UTC
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69d14c25022328ad9afcd08731ad04f5aa552048a69b67ff866d32335e4d81a0· fetched 2026-10-30 · Wayback Machine copy ↗ - Source type
- Primary Bank for International Settlements (CPMI) ↗
… models take shape and new risks surface. Central banks cannot watch this frontier from a distance; they must understand change as it happens and, where necessary, help shape its course. Fabio Panetta, Governor of the Banca d'Italia and Chair of the CPMI This report investigates innovations related to fast payment systems, non-bank payment service providers, tokenised deposits, stablecoins and programmable platforms. It finds that the growing diversity of payment arrangements may create opportunities for greater efficiency, competition and innovation. At the same time, innovations may introduce new interdependencies and alter the way credit, liquidity, operation …
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- 2026-10-30 Newsroom 2026-10-30 afternoon: BIS CPMI report on the roles of central banks and central bank money as stablecoins and tokenised deposits reshape payments (bis. (449fb62)
Verified quotes
“This report investigates innovations related to fast payment systems, non-bank payment service providers, tokenised deposits, stablecoins and programmable platforms.”
“Central bank money serves as the anchor of trust in the payment system, provides the safest and most liquid settlement asset for systemically important systems and supports convertibility at par among different means of payment.”
“Central banks cannot watch this frontier from a distance; they must understand change as it happens and, where necessary, help shape its course.”
“At the same time, innovations may introduce new interdependencies and alter the way credit, liquidity, operational and cyber risks arise and are transmitted across the payment system.”
String-matched against https://www.bis.org/media-releases/20261029-cpmi-publishes-analysis-how-central-banks-support-payment-system-safety-and-efficiency-and by scripts/verify.mjs before every deploy.
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