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Banks could slow stablecoin growth by paying savers more, BIS paper finds

A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.

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Banks could slow stablecoin growth by paying savers more, BIS paper finds
Hoto: CoinDesk

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A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.

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