CRYPTO
Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
DecryptSunday, October 18, 2026 at 1:01 PM
RedScroll Brief

A Bank for International Settlements working paper found that stablecoin growth slows when U. banks raise deposit rates, with Circle’s USDC most sensitive.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. A Bank for International Settlements working paper found that stablecoin growth slows when U. banks raise deposit rates, with Circle’s USDC most sensitive. Watch liquidity and volatility around Banks Hold and Lever Over Stablecoin — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
A Bank for International Settlements working paper found that stablecoin growth slows when U. banks raise deposit rates, with Circle’s USDC most sensitive.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
Decrypt reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
Decrypt published: Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Banks Hold and Lever Over Stablecoin — crypto markets reprice narrative risk quickly.
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Source
Decrypt
Original reporting by Decrypt. RedScroll provides an extractive briefing only.