✉news BusinessBanking first seen 17 h ago, last 1 h ago, peak #2
Stablecoins and the macroeconomy: disintermediation versus fiscal space
Original: Stablecoins and the macroeconomy: Bank disintermediation versus fiscal space
Economists are weighing two competing effects of stablecoins on the wider economy. Widespread adoption could pull deposits out of banks, reducing lending and disintermediating the financial system. At the same time, stablecoin issuers holding government debt could create new demand, giving governments extra fiscal space to borrow. The debate centres on which force dominates and what it means for monetary policy and financial stability.
Why now: Rapid growth of stablecoins is raising policy questions about their impact on banks and government debt markets.
Rank over time, top of the chart is #1. 22 snapshots from 17 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4557218