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Axie Infinity Co-founder: ETH is the Most Interest Rate-Sensitive Cryptocurrency to the Federal Reserve

Summary: According to reports, the most interest rate-sensitive cryptocurrency in the market is ETH, as the yield spread between depositing stablecoins in DeFi and depositing USD in banks widens with decreasing interest rates.

According to reports, the most interest rate-sensitive cryptocurrency in the market is ETH, as the yield spread between depositing stablecoins in DeFi and depositing USD in banks widens with decreasing interest rates.

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Link: Axie Infinity Co-founder: ETH is the Most Interest Rate-Sensitive Cryptocurrency to the Federal Reserve [Copy]

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