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Crypto & Bitcoin

BIS Research Links Bank Deposit Rates to Slower Stablecoin

Reported by Aritra Sarkar, Coinfomania

Image: Coinfomania

New BIS research finds higher US bank deposit rates slow stablecoin growth. This could impact future funding conditions. Here's why it matters. The Bank for International Settlements (BIS) has published new research examining the relationship between stablecoins and traditional bank deposits. The study highlights that higher US bank deposit rates are linked to slower growth in stablecoin adoption. This finding could impact how banks structure their future funding strategies, as detailed in the BIS tweet . In a landscape marked by mixed signals across the broader crypto market, the BIS’s insights come at a crucial time.

This is an excerpt. The reporting belongs to Coinfomania.

Read the full report on coinfomania.com

Also carried by TokenPost

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