#Latest news with #EmilyMasonBloomberg29-05-2025BusinessBloombergSmall Banks Have Most to Lose From Stablecoin LegislationEmily Mason takes a look at a new risk to the traditional banking industry as stablecoin legislation progresses in Congress. Bankers are considering the risk of deposit flight in the face of potential competition from the crypto industry as landmark stablecoin legislation progresses through the US Senate, a concern which threatens to impact small banks across the country the most.
Bloomberg29-05-2025BusinessBloombergSmall Banks Have Most to Lose From Stablecoin LegislationEmily Mason takes a look at a new risk to the traditional banking industry as stablecoin legislation progresses in Congress. Bankers are considering the risk of deposit flight in the face of potential competition from the crypto industry as landmark stablecoin legislation progresses through the US Senate, a concern which threatens to impact small banks across the country the most.