Daily Market Updates: Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

Crypto

Home›Crypto›Bitcoin›Banks Hold a Lever Over Stablecoin Adoption, BIS Econo…

Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

Reported · Written up by our desk · Bitcoin

A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.

← Newer storyMicrosoft pulls out of AI datacentre project in Essex over power supp…Older story →Stocks are heading for a high-stakes showdown, as strong earnings col…

More like this

CryptoSolana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

CryptoXRP Ledger Repairs Its Lending Protocol Before It Goes Live

CryptoCrypto PAC pours $362K into California race voters essentially decided in August

CryptoTether: Senator's investigation misses positive work that's led to lower Iran volumes

CryptoSentora’s OUSD Lending Vault Holds $42.5 Million on Tempo

Sources

DecryptBanks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

Crypto

Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

More like this

Sources

Get the close, explained.