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

By Francisco Rodrigues

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%.

Not financial advice. Do your own research before making investment decisions.

Read full article on CryptoFlare