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Home News Federal Reserve’s Mussa Salih: Stablecoin Interest Payment Limit Must Be Complied with When Implementing the Genius Act

Federal Reserve's Mussa Salih: Stablecoin Interest Payment Limit Must Be Complied with When Implementing the Genius Act

BlockBeats News, September 22, Federal Reserve’s Moulton stated that, when implementing the Genius Act, the limitation on stablecoin interest payments must be adhered to. Stablecoins should continue to serve as a means of payment, not a savings tool, which is crucial.

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