Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them



US Senator Cynthia Lummis has urged US banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Banks should view stablecoins as a way to expand their services, not defend their turf, Lummis said during an appearance on Fox Business on February 6, (…)



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