Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

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Source: Coindesk.com

Regulatory clarity should encourage banks to enter the stablecoin market, S&P said. Tether could see its dominance wane if the stablecoin bill is approved, the report said. New digital asset custody providers could emerge leading to greater competition.

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The post "Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P" appeared first here Coindesk.com.

Source: Coindesk.com

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