Update
BIS Study: Higher Deposit Rates Linked to Slower Stablecoin Growth
The Bank for International Settlements (BIS) finds that higher U.S. bank deposit rates are associated with a slowdown in stablecoin market-cap growth. TokenPost reports a 3- to 9-point decline in stablecoin market-cap growth with modeled growth remaining positive. The study also indicates that USDC is more sensitive to changes in deposit rates compared to USDT.