How worried should Wall St be about the stablecoin threat to deposits?
The risk to US banks is real in theory but difficult to realise in practice
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Why we should worry about the rise of stablecoins
Asset-backed digital currencies could pose risks to bedrock of global financial system
The stablecoin war: Wall Street vs crypto over the future of money
Banks say rules governing the digital currency are a risk to financial stability. Are they just trying to stamp out competition?
US banks lobby to block stablecoin interest over fears of deposit flight
Industry groups say new crypto law has a ‘loophole’ that could cost banks trillions of dollars in outflows
The stablecoin stumbling block
The crypto tokens are not yet safe enough to be used at scale in the settlement of large, wholesale financial transactions
Stablecoins can support financial safety
Fears that they make it easier for criminals to move money around are based on a misconception
Why the world should worry about stablecoins
Dollar-based digital currencies offer benefits for the US, but Britain and the EU are better off resisting them