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FDIC chief warns crypto could undermine community banks

Por: MarketWatch Politics October 20, 2022

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Stablecoins, like USD Coin and Tether are a type of cryptocurrency that aims to maintain a stable value relative to the dollar. They are predominately used by crypto investors as a stable store of value, but many crypto entrepreneurs imagine stablecoins could become popular means of payment for traditional goods and services over the internet. “The development of a payment stablecoin could fundamentally alter the landscape of banking,”... + full article



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