
Yueqi Yang|Mar 31, 2025 17:46
Trump's stablecoin legislation push is set to collide with banks, which could face threat to their roles in the financial system.
Banks have intensified lobbying for sweeping changes, including banning interest, banning commercial firms from issuing stablecoins, and banning direct Fed access by nonbanks. My story @theinformation:
https://www.theinformation.com/articles/trumps-stablecoin-push-set-collide-banks
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