The banking industry is being challenged to leverage its existing tools to compete with or facilitate stablecoins, countering arguments against consumer rewards. Critics argue that banks have the capability to innovate and generate new revenue streams by embracing stablecoin technology rather than opposing it. This perspective suggests that the banking sector can enhance its competitive edge by integrating stablecoins into its services, potentially benefiting consumers with more diverse financial products.
Banking Industry Urged to Compete with Stablecoins
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