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38 Stablecoin boom could eat into traditional banks' profits, warn Jefferies analysts

CoinDesk
Helene Braun @ CoinDesk 2 place · today 16:46 EDT

Stablecoin boom could eat into traditional banks' profits, warn Jefferies analysts

Digital dollar use in payments and crypto markets may slowly pull deposits from banks, forcing lenders to seek pricier funding, a new report by Jeffries finds.

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