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The Loophole Turning Stablecoins Into a Trillion-Dollar Fight
Wednesday September 3, 2025. 01:00 PM , from Wired: Cult of Mac
The GENIUS Act barred stablecoin issuers from paying interest. But in allowing cryptocurrency exchanges to offer rewards, it set off a high-stakes clash with the US banking industry.
https://www.wired.com/story/genius-act-loophole-stablecoins-banks/
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