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Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.

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Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
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A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.

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