Home Cryptocurrency Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says

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According to Fed funds futures, the market is currently pricing 100 basis points of rate cuts this year, which means the benchmark borrowing cost will drop to 4.5% by the year-end. Still, that is an attractive yield compared to passively holding stablecoins, Deschatres quipped.

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