Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is calling out US banks for complaining about stablecoin competition instead of offering better returns to their customers. Key Takeaways: Bitwise CIO Matt Hougan says banks should raise deposit rates instead of blaming stablecoins. He argues stablecoins won’t kill lending, but will shift credit to DeFi and benefit savers. With higher yields and lower fees, stablecoins are becoming a more attractive alternative to banks. “If local ...