Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData

The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […] source: https://dailyhodl.com/2024/09/30/tether-and-four-other-stablecoins-set-to-lose-625000000-in-interest-income-following-fed-pivot-ccdata/