BIS WARNS STABLECOINS ARE CHALLENGING BANKS
The Bank for International Settlements (BIS) says stablecoins like $USDT and $USDC compete directly with traditional bank deposits.
Growing crypto adoption could pressure banks deposits and reshape the future of finance.
Is crypto becoming the new banking alternative?
#crypto #Stablecoins #USDT #USDC
The Bank for International Settlements (BIS) says stablecoins like $USDT and $USDC compete directly with traditional bank deposits.
Growing crypto adoption could pressure banks deposits and reshape the future of finance.
Is crypto becoming the new banking alternative?
#crypto #Stablecoins #USDT #USDC