Bank rate hikes cut stablecoin growth by 3 points
Stablecoin market growth has slowed when U.S. banks raised deposit interest rates, with new research finding that a one-basis-point increase in deposit rates was associated with roughly three percentage points less stablecoin market capitalization growth over ten weeks. Summary BIS researchers found higher deposit rates were associated with slower stablecoin growth over ten weeks. A […]







































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































