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Arif hasan 404
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at $4,550 — definitely somETHing to celebrate.
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Arif hasan 404
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We're all thinking the same thing....right? #BINANCE $BTC $ETH $XRP
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Stablecoin Interest Payments Could Trigger Bank Outflows, Warns Citi Executive AI Summary According to Cointelegraph, the potential for paying interest on stablecoin deposits may lead to significant bank outflows, reminiscent of the money market fund surge in the 1980s, as warned by Ronit Ghose, Citi’s Future of Finance head. Ghose highlighted that the rise of money market funds in the late 1970s and early 1980s, which grew from $4 billion in 1975 to $235 billion in 1982, was driven by their ability to offer higher returns compared to banks with regulated deposit rates. This shift resulted in bank withdrawals exceeding new deposits by $32 billion between 1981 and 1982, according to Federal Reserve data. Sean Viergutz from PwC echoed these concerns, suggesting that a consumer shift towards higher-yielding stablecoins could challenge the banking sector. He noted that banks might face increased funding costs by relying more on wholesale markets or raising deposit rates, potentially making credit more expensive for households and businesses.
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Crypto vibes loading... █████████████████████░] 99% $SOL $XRP $ETH
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BNB Drops Below 840 USDT with a 0.09% Decrease in 24 Hours According to Binance Market Data, BNB dropped below 840 USDT and is now trading at 839.049988 USDT, with a 0.09% decrease in 24 hours.#bnb
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Blockchain never forgets. #Binance #blockchain
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