Stablecoins Affecting The US Banking System “Is A Myth,” Coinbase Claims

Stablecoins Affecting The US Banking System “Is A Myth,” Coinbase Claims
Coinbase has rejected claims that stablecoins drain U.S. bank deposits. Here’s what Coinbase’s Faryar Shirzad had to say.   Coinbase is pushing back against long-standing claims that stablecoins weaken U.S. bank deposits.  The company insists that the idea of large-scale deposit flight into digital tokens is a myth.  Instead, it says stablecoins strengthen the U.S. […]

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