source avatarBTC News 2 Trade 🚀

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

USDC holders, your 4% yields might soon be over ⚠️The American Bankers Association has spent $56.7M lobbying for the 'Clarity Act' — a bill designed to stop stablecoins from offering government bond-like returns.Banks are worried stablecoins could pull up to $1.5T from retail deposits.What do you think — good for TradFi or bad for crypto? #USDC #Stablecoins #CryptoRegulation

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.