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Big Whale Trading
🏦 The Fed just proposed rules letting banks issue their own stablecoins
That's not a crypto headline. That's a banking headline
If this moves forward, stablecoin issuance stops being a crypto-native business and becomes something banks do alongside deposits $BTC
Which raises the real question — what happens to the non-bank issuers if regulated banks can offer the same product with a government-adjacent balance sheet behind it
$ETH
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