Citi executive warns stablecoin yields could drain bank deposits: Report
Allowing stablecoin yields could unleash deposit outflows reminiscent of the 1980s, driving higher bank funding costs and borrower rates, warned Citi’s Ronit Ghose.
Allowing stablecoin yields could unleash deposit outflows reminiscent of the 1980s, driving higher bank funding costs and borrower rates, warned Citi’s Ronit Ghose.