Analyst: Concerns on Stablecoin-Linked Deposit Flight Unwarranted
Stephen Gandel believes that stablecoins rewards will not endanger the banking system and that estimates of deposit flight are excessive. Nonetheless, he acknowledged that the equity returns of banking institutions might...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on Bitcoin NewsRelated market context
Crédit Agricole Launches EURXT Stablecoin, Bringing Europe’s Banking Giant Onchain
Key Takeaways: Crédit Agricole has announced the launch of EURXT, a MiCa compliant euro stablecoin on the Ethereum network. EURXT...
Tether freezes 134 ISIS terror wallets as stablecoins now sit inside the sanctions machine
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Key Takeaways: Standard Chartered institutionalised the minting and redemption of its odd units of USDC with Circle. When a client...
Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?
The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in sho...
Crypto card deposits surpass $10B milestone, up 82% YTD
The surge in crypto card deposits highlights stablecoins' growing role in mainstream finance, potentially reshaping regulatory per...
Xapo Bank Review: Premium Bitcoin Banking for Global USD Users
Xapo Bank is best for Bitcoin-first global members who want regulated USD banking, premium custody, and card/payments in one app r...