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The Daily Hodl 2022-10-21 18:45:48

Stablecoins Could Massively Disrupt Traditional Banks, Says Acting Chairman of US Banking Regulator

A top US banking regulator thinks stablecoins could “fundamentally alter” the traditional banking sector based on historical precedent. In a new speech at the Brookings Institution, acting Federal Deposit Insurance Corporation (FDIC) chairman Martin J. Gruenberg compares the current digital asset space to the free banking era of the late 1800s and early 1900s. “As […]The post Stablecoins Could Massively Disrupt Traditional Banks, Says Acting Chairman of US Banking Regulator appeared first on The Daily Hodl.

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