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MarketPublished by KAS Watch · October 18, 2026

BIS Working Paper Links Higher Bank Deposit Rates to Slower Stablecoin Growth

A working paper from the Bank for International Settlements indicates that a 1 basis point increase in U.S. bank deposit rates predicted slower stablecoin expansion, reducing ten-week growth from 15% to 12%.

Why it matters for the market

Changes in stablecoin issuance can influence broader crypto liquidity and fiat on-ramp flows, creating a potential macro channel that could affect overall market risk appetite and trading activity around assets like Kaspa.

Original source

CoinDesk
Source publication · October 17, 2026 · 1 verified source
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StablecoinsMacroLiquidityBISBanking
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