OCC Faces Banking Backlash Over $850 Billion Stablecoin Threat

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$850B

stablecoin threat

$USDC

$72.36B mcap

$USDT

$182.83B mcap

America’s banking lobby is firing back at federal regulators over a stablecoin rule that could reshape how crypto platforms reward customers. With community bankers warning of an $850 billion lending hit, two powerful banking groups are…