Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
Related
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strain lenders.
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends on your perspective.
US stablecoin adoption could surge with bank-like protections: Visa survey
The survey released by Visa posited that bank-like protections for stablecoins could increase adoption in the US as companies are preparing for the enactment of the GENIUS Act.
Coinbase, Moov to provide stablecoin infrastructure for US community banks
The partnership will provide stablecoin acceptance, settlement and real-time funding capabilities to over 1,000 community banks and credit unions.
Banks Want More: Trade Groups Demand Stricter Stablecoin Limits in Clarity Act
Eight trade associations say exceptions for interest-like rewards could pull deposits from banks and reduce lending.
Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS
The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.