• Written by: Cointelegraph by Ana Paula Pereira
  • Fri, 27 Sep 2024
  •   United States

CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

Feds dovish move will slash $625M in interest income for stablecoins