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GENIUS Act Could Prompt Bank Outflows to Stablecoins, Potentially Increasing ETH Demand - COINOTAG

Home/Ethereum/GENIUS Act Could Prompt Bank Outflows to Stablecoins, Potentially Increasing ETH Demand

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GENIUS Act Could Prompt Bank Outflows to Stablecoins, Potentially Increasing ETH Demand

Q: What are the important details about GENIUS Act Could Prompt Bank Outflows to Stablecoins, Potentially Increasing ETH Demand?

The GENIUS Act formally regulates stablecoins in the U.S., permitting bank-issued tokens while limiting direct interest on deposits; this could shift deposits toward exchanges offering yield, pressuri You can read the full article for more information.

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Ethereum

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Crypto Vira

86d 10h ago(UTC+3: 03:02:40 AM)

6 minutes reading time

1402 views

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Crypto Vira

Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.

GENIUS Act Could Prompt Bank Outflows to Stablecoins, Potentially Increasing ETH Demand

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Crypto Vira

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