Morgan Stanley Silvergate report raises crypto-friendly bank 7% – CoinDesk

“As the stablecoin market continues to develop, with more formalized rules around governance, risk management and structure, it could provide considerable upside potential for our Silvergate earnings per share (EPS) estimates, particularly if Silvergate can monetize its stablecoin relationships. issuers, ”wrote Ken Zerbe, an analyst at Morgan Stanley, in a note.

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