BIS Analysis Highlights Impact of Deposit Hikes on USDC
Photo: Coinfomania
BIS study shows stablecoins like USDC are impacted by deposit rate hikes. This could change investor strategies — here's how. The Bank for International Settlements (BIS) recently released a working paper revealing that stablecoins, particularly USDC, and traditional bank deposits serve as portfolio substitutes. The study indicates that a 1-basis-point increase in bank deposit rates can slow stablecoin market cap growth significantly, with USDC being more adversely affected. This finding could impact investment strategies as market participants adjust to the evolving financial landscape. For further details, refer to this source .
Source: Coinfomania
