Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion
Washington just gave one of the world's largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for USDC, as the approval […] The post Circle became a federal trus...
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