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Banks Awakening to the Tech Threat in Stablecoins: Why Lobbying Won't Cut It

Bottom line: In a battle for margin, between banks and tech, tech will win. And bank lobbying to change the rules won’t work. Tech will innovate around any tweaking of the rules. The real solution is to change the GENIUS Act to enable stablecoins to act like deposits to fuel bank lending. The stablecoin market […]