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Why banks will build corporate branded digital dollars if crypto rewards survive CLARITY Act

Washington’s stablecoin stalemate is hardening into a fight that banks recognize immediately as a deposit issue. The dispute is no longer centered on whether dollar-linked tokens should exist. It centers on whether they should be treated as deposits, especially if consumers can earn interest-like rewards simply for holding them. A recent White House meeting aimed […] The post Why banks will build corporate branded digital dollars if crypto rewards survive CLARITY Act appeared first on CryptoSlate.

Why banks will build corporate branded digital dollars if crypto rewards survive CLARITY Act