---
title: "Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say"
url: https://thecoingazette.com/banks-hold-a-lever-over-stablecoin-adoption-bis-economists-say/
date: 2026-10-18
modified: 2026-10-18
lang: en
author: "Coin Gazette Editorial"
description: "A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive."
categories:
  - "Crypto News"
word_count: 23
---

# Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say

A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.