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Stablecoins1 DAY AGO

Banks could slow stablecoin growth by paying savers more, BIS paper finds

Compiled by KoinLens from 1 source

Importance 26Neutral* Trust 85 · 1 source3.0Market Impact: 3.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
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%.

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