Stablecoins Could Cushion Fed Charge Reduce Influence on Treasury Tokens, Normal Chartered’s Regional Head Says

In response to Fed funds futures, the market is presently pricing 100 foundation factors of price cuts this yr, which suggests the benchmark borrowing price will drop to 4.5% by the year-end. Nonetheless, that’s a horny yield in comparison with passively holding stablecoins, Deschatres quipped.