2026-11-03 01:37:16
Dollar Stablecoin Issuance of $2 Trillion Would Lower U.S. Treasury Yields by ~25bp, Reduce GDP by 0.03%, BIS and Bundesbank Research Finds
According to Boris Hoffmann, head of monetary policy at the Bank for International Settlements (BIS), and Matthias Caldorf, chief economist at Germany's Deutsche Bundesbank, researchers published findings on November 2 analyzing the macroeconomic impact of large-scale dollar stablecoin issuance.