Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Sep 16, 2025 - 01:00
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Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Coinbase says stablecoins not draining bank deposits, calls it a ‘myth’

Coinbase rejected claims that stablecoins drain US bank deposits, arguing most activity happens overseas and boosts the US dollar’s global strength.

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