Stablecoins & Central Banks

White House to Convene Banks and Crypto Firms Over Stablecoin Rewards

The White House is preparing to bring senior banking and cryptocurrency executives together next week as debate intensifies over stablecoin regulation and broader digital asset legislation. According to Reuters, the meeting will be hosted by the administration’s crypto council and will focus on how stablecoin rewards should be treated, an issue that has become a […]

Stablecoins & Central Banks

Stablecoin Growth Could Trigger Major Deposit Outflows From U.S. Banks

Rapid growth in dollar-pegged stablecoins could pose a significant challenge to the U.S. banking system if adoption continues at its current pace, according to analysis from Standard Chartered. The bank’s digital assets research team warned that as much as 500 billion dollars could migrate out of traditional U.S. bank deposits and into the crypto ecosystem […]

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