Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s...

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says

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Source: Coindesk.com

The $170 billion stablecoin supply could potentially underpin demand for tokenized Treasuries, Standard Chartered's Alexander Deschatres said. The Fed will likely cut rates on Wednesday, starting the so-called liquidity easing cycle.

The Federal Reserve will likely cut interest rates this Wednesday for the first time since 2020, ending the most aggressive

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The post "Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered's Regional Head Says" appeared first here Coindesk.com.

Source: Coindesk.com

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