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Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says

A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it. дальше »

2026-3-13 01:00


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Why Bitcoin’s kimchi premium is on life support after South Korea targets crypto exchange

South Korea's move to suspend Bithumb over AML failures turns a local compliance case into a market-structure story. Enforcement against the country's second-largest exchange threatens to reroute retail flows, deepen venue concentration, and degrade one of crypto's most-watched regional pricing signals: the kimchi premium. дальше »

2026-3-13 12:55