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%.

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

Companies named

More on this

Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe

Stablecoins Won’t Kill Banks, but They Could Force Finance to Change

Stablecoins Cut Remittance Costs by 84% Compared to Traditional Transfers

Marqeta and Coinbase Take Stablecoin Spending Mainstream

Related video

Companies named

More on this

Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe

Stablecoins Won’t Kill Banks, but They Could Force Finance to Change

Stablecoins Cut Remittance Costs by 84% Compared to Traditional Transfers

Marqeta and Coinbase Take Stablecoin Spending Mainstream