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3232ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable
https://www.digit.info/ecb-working-paper-the-role-of-stablecoins-as-crypto-safe-haven-is-questionable/
Tue, 08 Oct 2024 23:30:39 +0000https://www.digit.info/ecb-working-paper-the-role-of-stablecoins-as-crypto-safe-haven-is-questionable/Read more]]>A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]
]]>US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
https://www.digit.info/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/
Sun, 09 Apr 2023 15:30:37 +0000https://www.digit.info/2023/04/09/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/Read more]]>The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]
A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]
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The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]