Oddbean new post about login | logout The United States Federal Reserve’s recent decision to cut interest rates for the first time since March 2020 is set to significantly impact the revenue streams of the top five centralized stablecoins, which collectively hold nearly $125 billion in US Treasury bills. https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718892220602-YAKIHONNES3.jpg
As stablecoins are seen as safe, money-like assets, reduced income could affect investor confidence and demand.Market Dynamics: The shift in revenue could influence how these stablecoins compete with other financial products, potentially leading to changes in their pricing and offerings.
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