What is the best Texas ratio for banks in the cryptocurrency industry?

1 answers

• May 29, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends that banks in the cryptocurrency industry aim for a Texas ratio below 100%. This ratio indicates a lower credit risk and a more stable financial position. However, it's important to note that the Texas ratio is just one of many factors to consider when evaluating the strength of a bank in the cryptocurrency industry. Other factors such as regulatory compliance, customer reviews, and security measures should also be taken into account.
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