The Block·Danny Park·6d ago

US banking groups urge Senate to strengthen stablecoin provisions in Clarity Act

The groups warned that the current bill could allow stablecoins to substitute for bank deposits and increase the risk of deposit flight from community banks.

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💬 Discussion: US banking groups urge Senate to strengthen stablecoin provisions in Clarity Act The groups warned that the current bill could allow stablecoins to substitute for bank deposits and increase the risk of deposit flight from community banks.

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