BIS Working Paper: Higher bank deposit rates may slow stablecoin growth, USDC reacts more strongly. Research from Jan 2019-Jun 2025 shows a 1 bp weekly increase in deposit rates correlated with a 3 pp cumulative decrease in stablecoin market cap growth over 10 weeks. This moderates growth, not reduces market cap. USDC showed a more pronounced reaction than USDT. Study notes limitations: doesn't prove reduced bank deposits/lending, and covers only one high-rate cycle. Views are authors', not BIS'.
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Poster | Crypto News
npub1f6…0xueh
2026-10-17 12:13:29 UTC
Author Public Key
npub1f6dy7ve47xwsgqyah2mdrca0tprh0c4tu5rgvlnuyrmeac8fkn5st0xuehSeen on
wss://nos.lolPublished at
2026-10-17 12:13:29 UTCEvent JSON
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"content": "BIS Working Paper: Higher bank deposit rates may slow stablecoin growth, USDC reacts more strongly. Research from Jan 2019-Jun 2025 shows a 1 bp weekly increase in deposit rates correlated with a 3 pp cumulative decrease in stablecoin market cap growth over 10 weeks. This moderates growth, not reduces market cap. USDC showed a more pronounced reaction than USDT. Study notes limitations: doesn't prove reduced bank deposits/lending, and covers only one high-rate cycle. Views are authors', not BIS'.\n\n#crypto #blockchain #news ",
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