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US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins (coindesk.com)
17 points by monokh 51 days ago | hide | past | favorite | 2 comments



So does this apply to a decentralized Ethereum stablecoin (DAI)? A centralized Ethereum stablecoin (USDC)? Or do they rule out Ethereum entirely and insist the blockchain itself must be centralized?


Most important news of the last 2 years.

This makes the business model of most clearinghouses obsolete, as the banks will be able to cut out the intermediary by using technology.




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