The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.
June 10, 2022
ICBA continued its new series of blog posts on the collapse of the TerraUSD stablecoin and its broader impact.
Market Impact: The second post in the three-part series focuses on how the TerraUSD meltdown is affecting the stablecoin sector and what’s next for the crypto markets.
Community Bank Primer: The first post provides a primer on the TerraUSD collapse, including background on stablecoins and how several factors contributed to suddenly declining values. Read ICBA’s latest post.