Great piece in @FortuneMagazine by @coinbase’s @johnjdagostino and @RegionsBank’s Chris Kennedy about the opportunity that stablecoins offer to community banks.
New technology can level the playing field - giving smaller banks access to faster payments, global settlement and modern treasury services that once required the scale of the largest institutions.
That means more tools to serve their customers, compete and grow.
CLARITY builds on this opportunity by giving banks the legal tools to participate in the digital financial system - one more reason for the Senate to vote yes next week.
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