Should stablecoin issuance be confined to FDIC-insured banks?

A recent report from banking regulators says the digital assets pose too big a risk to the financial system to be issued by state-chartered entities that don’t have deposit insurance. Stablecoin issuers and others reject that claim and say regulators are discouraging competition.

Read the full article at: www.americanbanker.com

Source: https://www.lendacademy.com/should-stablecoin-issuance-be-confined-to-fdic-insured-banks/