🏦 According to Bloomberg, as stablecoin-related disputes stall a #crypto market-structure bill, #crypto firms have proposed new compromises to banks. These include placing part of stablecoin reserves with community banks and enabling them to issue their own stablecoins through partnerships to ease concerns over potential deposit outflows. No agreement has been reached so far. #stablecoin#crypto
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🏦 According to Bloomberg, as stablecoin-related disputes stall a #crypto market-structure bill, #crypto firms have proposed new compromises to banks. These include placing part of stablecoin reserves with community banks and enabling them to issue their own stablecoins through partnerships to ease concerns over potential deposit outflows. No agreement has been reached so far. #stablecoin#crypto