Stablecoins are real threat to bank deposits, says Standard Chartered
Stablecoin growth could drain bank deposits, with regional US banks most exposed, Standard Chartered’s Geoff Kendrick warned.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Stablecoin growth could drain bank deposits, with regional US banks most exposed, Standard Chartered’s Geoff Kendrick warned.
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 CointelegraphRelated market context
Swiss Cantonal Bank BancaStato Adds Bitcoin And Ethereum Trading With Sygnum
A Swiss cantonal bank has moved crypto trading directly into its normal banking experience, and that is the part of the story that...
Goldman Sachs CEO backs Clarity Act despite banking industry's concerns over stablecoin rules
The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other m...
LayerZero, Keeta enable tokenized bank deposits across Ethereum, Solana and Base
LayerZero and Keeta have partnered to enable native transfers of tokenized bank deposits across Ethereum, Solana, Base, and Keeta.
Robinhood Chain Hits $2.1M Revenue, Captures 30% of RWA Market in Explosive Onchain Growth
Key Takeaways: Robinhood Chain has generated over $2.1 million in onchain earnings so far. The protocol now generates the combined...
$131 billion crypto vault boom will test the limits of SEC’s friendlier crypto stance
On July 22, SEC Commissioner Hester Peirce warned that some crypto vaults and onchain lending strategies may fall under federal se...
Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq
Bitcoin Magazine Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq BancaStato, the cantonal bank of Ticino...