Stablecoins Don’t Threaten Banks, ‘Deposit Erosion’ Is a Myth
Coinbase pushed again towards claims that stablecoins threaten the US banking system, calling the concept of “deposit erosion” a delusion.In ...
Tag: Deposit
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin
The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling answer constructed ...
Bank of America Ordered To Pay $540,261,499 for Massive Underpayment of Deposit Insurance Fees
Financial institution of America is about to pay greater than half a billion {dollars} after a district choose discovered the ...
Whales Abruptly Deposit Ethereum Altcoin to Binance and OKX, Causing Price To Plummet 50%: On-Chain Data
Deep-pocketed merchants triggered a worth crash over the weekend after depositing an enormous chunk of an altcoin’s provide to digital ...
$197,700,000,000 in Deposit Flight Hits US Banks in Three Months As Billions of Dollars Piled Into Money Market Funds: Report
Depositors are pulling billions of {dollars} out of the normal banking system, in accordance with a brand new report from ...
Whales Deposit About $58,000,000 Worth of Arbitrum (ARB) to Crypto Exchanges After Token Unlock
Crypto whales deposited about $58 million value of the Ethereum (ETH) layer-2 scaling resolution Arbitrum (ARB) into crypto exchanges after ...
