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TRX BIS paper links higher bank deposit rates to slower stablecoin growth
A BIS working paper found that a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, according to CoinDesk. The paper's estimate cut ten-week stablecoin growth from 15% to 12%.
Why “Unverified”
- Reported by CoinDesk alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 60/100. How labels work
What the sources claim
-
A BIS working paper found that a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth.
“A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth”
CoinDesk -
The paper estimated that such a rate rise cut ten-week stablecoin growth from 15% to 12%.
“cutting ten-week growth from 15% to 12%”
CoinDesk
Sources
More in Stablecoins & Payments
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-17 12:10 UTC. Labels are computed from the sources, not by the model.