According to reports, institutions such as the American Bankers Association (ABA) and the Bank Policy Institute (BPI) are pushing for revisions to the recently passed GENIUS Act, claiming that it contains regulatory loopholes allowing trading platforms to pay returns to third-party stablecoin holders, which could lead to up to $6.6 trillion in deposits flowing out of the TradFi system, weakening credit supply and driving up borrowing costs.

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0xSleepDeprivedvip
· 08-25 11:17
Depositing like this is too ridiculous, right?
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NFTRegretfulvip
· 08-25 11:10
Just know how to Be Played for Suckers, traditional banks are scared.
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WalletInspectorvip
· 08-25 10:56
Are traditional banks in a panic?
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