@MilkRoad
Senator Moreno says banks are in full panic mode over the CLARITY Act. Banks have been taking your deposits, lending them out at 7-8%, and handing you 0.5% back. Stablecoins could cut out that spread entirely. "For decades, these banks have treated your deposits like their personal piggy bank, paying you next to nothing while lending your money out for massive profits and executive bonuses." The American Bankers Association is already fighting back, with the Market Structure Bill is heading to a vote soon.