Jefferies Warns of Stablecoin Threats to Banks
The growth of the stablecoin sector's capitalization will lead to a gradual outflow of deposits from traditional banks, according to Jefferies analysts.The spread and regulation of cryptocurrencies and blockchain technology in the banking industry and fintech applications.
Jefferies Warns of Stablecoin Threats to Banks
The growth of the stablecoin sector's capitalization will lead to a gradual outflow of deposits from traditional banks, according to Jefferies analysts.
Retail Investor Interest Revives Capital Flow into Stablecoins
Net inflows into stablecoins surged by 414.5%, reaching $1.7 billion in a week, according to a report by Messari analysts.
Standard Chartered: US Banks Face $500 Billion Loss Due to Stablecoins
Deposits flowing from American banks into stablecoins could reach $500 billion by the end of 2028.
Major US Banks Embrace Bitcoin Services
More than half of the largest US banks have launched or announced services related to bitcoin, according to River.
PwC Declares ‘Point of No Return’ in Institutional Cryptocurrency Adoption
The integration of digital assets by banks, asset managers, and large corporations is no longer an "optional or peripheral" process, according to the audit firm PwC.
Circle CEO Dismisses Regulatory Concerns Over Stablecoins as ‘Absurd’
Interest payments on 'stablecoins' do not threaten the banking system, stated Circle CEO Jeremy Allaire.
Ripple Foresees Stablecoins’ Integration with Banking Systems
Investments in the crypto industry from previous years will pay off as banks and corporations transition from pilot projects to full-scale adoption of blockchain technologies, according to Ripple's president Monica Long.
ZKsync Unveils Strategy for Building ‘Incorruptible Financial Infrastructure’
CEO of Matter Labs Alex Gluchowski: ZKsync shifts strategy, abandoning alternative crypto economy for global market integration.
BNY Mellon Introduces Tokenized Deposit Services
Bank of New York Mellon (BNY), the world's largest custodian bank, has launched services for tokenized deposits aimed at institutional clients, according to Bloomberg.
Bitcoin steadies near $86,700 as markets await a ‘friendly’ Fed chair
Bitcoin held around $86,700 after Donald Trump pledged to appoint a new Fed chair who backs steep rate cuts.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.