Stablecoins Don’t Threaten Community Banks, Lummis Says
Her argument frames stablecoin adoption as compatible with community-bank deposits and shifts policy scrutiny from the Clarity Act to bank consolidation.
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Her argument frames stablecoin adoption as compatible with community-bank deposits and shifts policy scrutiny from the Clarity Act to bank consolidation.
Seventy-eight banking associations warn the current draft lets stablecoins drain deposits from community banks, sharpening a fight that decides whether tokenised dollars live inside or outside the…
Stablecoins have outgrown a $300B supply, but only about a tenth of US bank assets sit at community lenders, the structural point the deposit-drain argument keeps dodging in the Clarity Act debate.
A community bank trade group has launched a new advertising campaign targeting specific language in the Clarity Act…