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Topic: banking

A small-town American main street
Economy
Sunday, 6/28, 12:43 PM

America's Community Banks Mobilize Against the Stablecoin Law

  • Thousands of small US banks and credit unions are banding together to fight how the new federal stablecoin law is implemented — fearing that letting crypto firms issue dollar tokens, and creep into banking, will drain the deposits that fund Main Street lending.

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