According to Fed funds futures, the market is currently pricing 100 basis points of rate cuts this year, which means the benchmark borrowing cost will drop to 4.5% by the year-end. Still, that is an attractive yield compared to passively holding stablecoins, Deschatres quipped. www.coindesk.com
According to Fed funds futures, the market is currently pricing 100 basis points of rate cuts this year, which means the benchmark borrowing cost will drop to 4.5% by the year-end. Still, that is an attractive yield compared to passively holding stablecoins, Deschatres quipped.
www.coindesk.com