United Texas Bank CEO wants to 'limit the issuance of US dollar-backed stablecoins to banks'

United Texas Bank CEO wants to 'limit the issuance of US dollar-backed stablecoins to banks'

Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.”



from Cointelegraph.com News https://ift.tt/fdX0Dv8

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