Back to Banking groups warn stablecoins could drain trillions in deposits under GENIUS Act
f881fee6-d7db-4e4c-9d63-111a8c96694f
Easy
multiple choice
Which payment companies expressed support for stablecoin integration rather than treating them as competition?
Explanation
Mastercard described stablecoins as "enabling faster, lower-cost cross-border payments," showing how payment giants view digital currencies as opportunities for new services rather than existential th...
Related Questions
The House passed the GENIUS Act with a {{blank_1}}-{{blank_2}} vote, and President Trump {{blank_3}} it into law in {{blank_4}} 2025.
Easyfill in_blanksHow much money do banks estimate could drain from traditional deposits into stablecoins?
Easymultiple choiceThe GENIUS Act allows stablecoin companies to pay interest on their digital tokens.
Mediumtrue false
2 more questions available with Premium
Unlock All QuestionsThis question is part of Banking groups warn stablecoins could drain trillions in deposits under GENIUS Act. 5 more questions available.