Permitting stablecoin yields could be detrimental to the U.S. banking industry and small businesses, according to Bank of ...
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Bank of America CEO warns stablecoin yields could negatively impact small businesses
Bank of America CEO Brian Moynihan said as much as $6 trillion in bank deposits could shift to interest-paying stablecoins.
Mike Novogratz warned that a U.S. crypto market structure bill faces serious failure risks due to political disagreements over stablecoin yields. The debate cen ...
Stablecoin issuers and distributors offering customers access to stablecoin yield may essentially be creating their own parallel ecosystem to bank operations, global bank JPMorgan's chief financial ...
An updated Senate draft of the market structure bill prohibits yield "solely in connection with the holding of a payment ...
CLARITY draft limits stablecoin “passive yield,” allowing rewards only for specific user actions. ・Multiple draft versions ...
A Columbia Business School professor is challenging banking lobby claims that stablecoin yields threaten banking deposits.
Bill Hughes, Senior Counsel and Director of Global Regulatory Matters at Consensys, recently addressed issues related to stablecoins.
The push by banks to change the Senate to limit the stablecoin yields under the GENIUS Act has raised concerns on multiple ...
Banks are stalling the Clarity Act to prevent stablecoin holders from earning 3-5% yields, fearing trillions in deposit ...
The Senate Banking Committee has released the amended version of the CLARITY Act, which prohibits crypto firms from ...
Jupiter DEX launches JupUSD stablecoin on Solana, offering native treasury yield, BlackRock-backed reserves, and deep DeFi ...
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