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 be affected, as banks will be forced to pay higher interest rates. Analyst: Bank’s Stablecoin Reward-Tied Deposit Flight Numbers Are Flawed The discussion of […]