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142 Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks

CoinDesk
Olivier Acuna @ CoinDesk · today 08:16 EDT

Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks

White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

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