Stablecoin boom could eat into traditional banks’ profits, warn Jefferies analysts

Finance, Stablecoins, News Digital dollar use in payments and crypto markets may slowly pull deposits from banks, forcing lenders to seek pricier funding, a new report by Jeffries finds. Digital dollar use in payments and crypto markets may slowly pull deposits from banks, forcing lenders to seek pricier funding, a new report by Jeffries finds. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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