📢 Today's News: The Crypto Council for Innovation and the Blockchain Association jointly sent a letter to the Senate opposing the banks' amendments to the "GENIUS Stablecoin Act" ✉️. Banks are concerned that supporting stablecoins across states will siphon off deposits 💸, but the crypto industry responds: Stablecoins have little relation to deposit outflows, and most funds remain in the financial system 💼. Supporting stablecoin yields can also promote fair competition, especially for underserved populations in traditional banking 💡. Do you think stablecoins will become mainstream payment tools in the future? 🔗💰#稳定币
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