Circle CEO Rejects Claims Stablecoin Yields Threaten Banks
2M ago•
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Circle CEO Jeremy Allaire has pushed back on banking warnings that stablecoin rewards could pull deposits, citing money market fund history and noting most laws bar issuers from paying interest. IMF panelists weighed payment gains and policy risks. GENIUS Act has framed U.S. rules for stablecoins now.
2M ago•
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