Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
Decrypt · Sun, 18 Oct 2026 13:01:04 GMT
Hype 12/100 · Market impact 15/100 · Breaking 49/100
Tags: USDC, STABLECOIN
BIS Economists Say Bank Deposit Rates Affect Stablecoin Growth
A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC showing the greatest sensitivity.
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