Higher Interest Rates for Longer Seen Positive for Stablecoins — Market Talk
-
Higher inflation is seen as likely to keep interest rates at their current levels, if not provoke the Federal Reserve to raise rates. In a note, Zach Pandl of Grayscale says that bitcoin may face headwinds from higher-for-longer rates, while stablecoins may benefit. For stablecoins like Circle's USDC, the strength that the U.S. dollar gets would translate to stronger stablecoins as well. However, for bitcoin, the story is different. "Higher real interest rates (nominal rate minus inflation) raise the opportunity cost of holding zero-yield alternatives, creating headwinds for ownership," Pandl says. Bitcoin is up 2% to $81,231. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260514008974:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Qeydiyyatdan keç Daxil ol