{"id":114057,"date":"2024-09-27T21:15:50","date_gmt":"2024-09-27T21:15:50","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=114057"},"modified":"2024-09-27T21:15:50","modified_gmt":"2024-09-27T21:15:50","slug":"feds-dovish-move-to-slash-625m-in-interest-income-for-stablecoins","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=114057","title":{"rendered":"Fed\u2019s dovish move to slash $625M in interest income for stablecoins"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.<a href=\"https:\/\/cointelegraph.com\/news\/fed-dovish-move-slash-625-m-in-interest-income-stablecoins?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>Stablecoin, Interest Rates, Treasury Bills, United States, Tether, USDC, USDT<\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/114057"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114057"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/114057\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114057"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}