Standard Chartered Says Stablecoins Could Threaten Regional Banks
The rise of stablecoins could pose a grave threat to America’s regional banks. That’s according to a new analysis from investment bank Standard Chartered, cited in a report Tuesday (Jan. 27) from CoinDesk. The chief risk for banks is the deterioration of net margin interest (NIM), as it is driven by the deposits being [...]The post Standard Chartered Says Stablecoins Could Threaten Regional Banks appeared first on PYMNTS.com.
