Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Coinbase rejected claims that stablecoins drain US bank deposits, arguing most activity happens overseas and boosts the US dollar’s global strength.

Read More at https://cointelegraph.com/news/coinbase-stablecoins-myth-of-deposit-erosion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound