BPI Argues That GENIUS Act Stablecoin Yield Loopholes Jeopardize the Banking Sector

The BPI explains that arsenic crypto companies circumvent the GENIUS Act guardrails, the quality successful output betwixt mean banking products and stablecoins could pb to deposits migrating to the latter, putting the recognition instauration strategy astatine hazard of nonaccomplishment and perchance spreading passim the U.S. economy. Bank Policy Institute Calls for Plugging Genius Act Stablecoin […]