Citi Warns High-Yield Stablecoins Could Shake Crypto Markets, SHIB Impact
Summary: Why is Ronit Ghose warning about high-yield stablecoins? Citi’s Ronit Ghose warned that offering interest on stablecoins could cause large withdrawals from banks, similar to the surge of money market funds in the 1980s. This shift could raise banks’ funding costs, leading to
