The group of Democrats working on the crypto bill "is concerned that payments of interest or yield on stablecoin balances could pull deposits from the banking system, especially from community banks that play a pivotal role in supporting underserved communities and operate under Community Reinvestment Act obligations," the document said. "Yield also incentivizes risky behavior and could threaten the financial system if a stablecoin were to lose its value."…
https://www.politico.com/live-updates/2025/12/10/congress/dem-crypto-counteroffer-00685364
No comments:
Post a Comment