BIS: Bank Rates Slow Stablecoin Growth
Richard Teng highlights new BIS research linking higher US bank deposit rates to slower stablecoin growth while noting that yields inside crypto also shape adoption patterns.
SourceAnalysis
Richard Teng noted that higher US bank deposit rates correlate with slower stablecoin growth according to fresh BIS research, yet yields available to holders inside crypto remain a parallel driver of adoption and could reshape banks’ future funding conditions.
Richard Teng
@_RichardTengRichard Teng is Binance CEO