Citi executive warns stablecoin yields could drain bank deposits: Report

Citi executive warns stablecoin yields could drain bank deposits: Report
!Citi executive warns stablecoin yields could drain bank deposits Reportimagesnewsciti-executive-warns-stablecoin-yields-could-drainbf1c6434b85c.jpg C...

Citi executive warns stablecoin yields could drain bank deposits: Report

Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.


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