Stablecoins May ‘Essentially Alter’ Banking System, Says US FDIC Chief

Stablecoins May ‘Essentially Alter’ Banking System, Says US FDIC Chief

by Jeremy

Stablecoins may have such a profound impact on the established banking system that U.S. regulators must require that the digital tokens slot in with out disrupting it, mentioned Martin Gruenberg, the appearing chairman of the Federal Deposit Insurance coverage Corp. (FDIC), in remarks set for supply at a Brookings Establishment occasion on Thursday.

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