🚨 NEW FED STABLECOIN RULES COULD BENEFIT $USDC 🏦
Proposed Fed rules could require banks to hold significant capital and 1:1 liquid reserves for stablecoin issuance.
That could make competing with established issuers like Circle more challenging, while USDC continues generating strong reserve income. 📊
🏦 Will banks issue their own stablecoins, or rely on $USDC ?
#USDC #Stablecoins
Proposed Fed rules could require banks to hold significant capital and 1:1 liquid reserves for stablecoin issuance.
That could make competing with established issuers like Circle more challenging, while USDC continues generating strong reserve income. 📊
🏦 Will banks issue their own stablecoins, or rely on $USDC ?
#USDC #Stablecoins
