🚨ABA OFFICIALLY Responds To OCC’s GENIUS Act Rules — They Want The STABLECOIN Rewards LOOPHOLE CLOSED 🤯🔥 The GENIUS Act BANS stablecoin issuers from paying interest directly to holders. 👉 But an exchange could potentially offer rewards for holding $USDC or $RLUSD instead! Banks wanted the OCC to treat certain arrangements like that as violations UNLESS proven otherwise! ❌ Banks hold $20.7 TRILLION in deposits! Even if just 1% moved to stablecoins, that’s $207 BILLION potentially leaving banks! 😳
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