EconomyUS quietly eases stablecoin reserve rules as banks warn billions could shift away from lending
Treasury Secretary Scott Bessent compared the GENIUS Act with the National Currency Act of 1863 on the day the Office of the Comptroller of the Currency issued its 721-page final stablecoin rule. The American Bankers Association responded, as banks warned that billions of dollars could move away from lending.
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CryptoSlate★★★☆☆2026-10-22 10:00Original
US quietly eases stablecoin reserve rules as banks warn billions could shift away from lending
Economy