Bitwise Investment Director: Banks should raise deposit rates to respond to stablecoin competition
Sep 10, 2025 14:15:45
ChainCatcher news, according to Cointelegraph, Bitwise's investment chief Matthew Hougan urged banks to raise deposit rates to respond to stablecoin competition, criticizing banks for long treating depositors as a source of free capital. Currently, stablecoins offer yields of up to 5%, far exceeding the U.S. average savings rate of 0.6%.
Related Projects
Latest News
ChainCatcher
Dec 18, 2025 00:46:09
ChainCatcher
Dec 18, 2025 00:23:50
ChainCatcher
Dec 18, 2025 00:03:30
ChainCatcher
Dec 17, 2025 23:54:32
ChainCatcher
Dec 17, 2025 23:53:43
