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OCC Leaves Stablecoin Rewards Door Open as Banks Defend Deposits

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The week in digital assets was dominated by regulation. The net-net of a wild week? Banks face renewed competition for customers’ cash after federal regulators left room for cryptocurrency platforms to offer stablecoin rewards, setting up a contest over returns that could affect the cost and availability of bank loans. The Office of the Comptroller […]

The post OCC Leaves Stablecoin Rewards Door Open as Banks Defend Deposits appeared first on PYMNTS.com .

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