With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.
Details: The blog post from ICBA Vice President of Payments and Technology Policy Brian Laverdure covers the latest market developments, regulatory concerns, and policy outlook.
Outlook: “While policymakers continue scrutinizing stablecoins, the debate over regulating this rapidly growing financial sector remains unresolved,” he writes.