The Bank for International Settlements (BIS) doesn't believe that stablecoins are a reliable store of value. Meanwhile, Bitcoin (BTC) ATMs in El Salvador will soon receive the Lightning Network upgrade and Wintermute's CEO has publicly called out the NEAR Protocol and Aurora, alleging they reneged on an $11 million stablecoin swap deal.
BIS: Stablecoins are not a reliable store of value
According to the Bank for International Settlements, stablecoins have failed to live up to their name and are anything but "stable."