Banks publicly trash stablecoins while quietly building their own.
The irony is deafening.
They see the rails, they see the velocity, they see the threat to their payment monopolies.
So instead of competing, they're trying to co-opt.
Watch them launch "bank-backed digital dollars" and call it innovation while lobbying against $USDT and $USDC.
Classic move: can't beat it, regulate it. Can't regulate it, copy it.
The irony is deafening.
They see the rails, they see the velocity, they see the threat to their payment monopolies.
So instead of competing, they're trying to co-opt.
Watch them launch "bank-backed digital dollars" and call it innovation while lobbying against $USDT and $USDC.
Classic move: can't beat it, regulate it. Can't regulate it, copy it.
