Kraken CEO responds to banker’s view on stablecoin yields as harmful

Kraken’s CEO, Dave Ripley, argues that consumers should decide how to earn on their stablecoins, countering claims by American Banker Brooke Ybarra that such yields jeopardize community banks’ functions.

Ripley stresses that the current competitive landscape is driving the crypto industry to provide better financial services than traditional banks can offer.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts