Banks could slow stablecoin growth by paying savers more, BIS paper finds
A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.
Key Takeaways
- A BIS working paper found a 1 basis point rise in U.S.
- bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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