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Should stablecoin issuance be confined to FDIC-insured banks?

A recent report from banking regulators says the digital assets pose too big a risk to the financial system to be issued by state-chartered entities that don’t have deposit insurance. Stablecoin issuers and others reject that claim and say regulators are discouraging competition.

Read the full article at: www.americanbanker.com

The post Should stablecoin issuance be confined to FDIC-insured banks? appeared first on LendIt Fintech News.

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