The FT explores how Stablecoins are gaining corporate traction as firms like PayPal, Uber, and banks explore issuing their own to bypass costly card networks, earn interest on reserves, and streamline global payments.
Banks have a close eye on the implications of consumers using stablecoins for payments. Bank of America chief executive Brian Moynihan told investors recently: “If people use [stablecoins ] as...
https://www.ft.com/content/6a0de463-6915-48d2-abb5-2e59f8e43bf2
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