‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
THE SO WHAT
When 4,000 community banks argue a stablecoin law could pull $850B of lending out of rural economies, the fight is about credit creation, not token ideology. If you touch payments or lending, expect regulatory compromises that hard-bake which rails can hold deposits and originate loans.
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