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The largest banking lobby group in the United States clarifies its stance on stablecoins
2026-07-30 07:18:53
According to CoinMeta, Rob Nichols, president of the Bankers Association of America ( ABA ), stated that banks wish to make two modifications to the 600-page Clearing House Act in order to prevent stablecoins from replacing bank deposits. He pointed out, "There is a reason why they refer to them as payment stablecoins and not deposit stablecoins."
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Source：Internet
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