DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Security Cointelegraph

Citi executive warns stablecoin yields could drain bank deposits: Report

Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.

Citi executive warns stablecoin yields could drain bank deposits: Report

Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.

Original source

Read on Cointelegraph

Related market context