Banks are fighting to keep crypto companies away from the Federal Reserve's payment networks.
Banks are trying to block crypto companies from accessing the Federal Reserve's payment channels, and this alone shows where the real power lies.
🔍 Why is this important?
• If stablecoin issuers gain even limited access • Settlement will be faster • Costs will be lower • And deposits will start migrating away from traditional banks.
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Banks are fighting to keep crypto companies away from the Federal Reserve's payment networks.
Banks are trying to block crypto companies from accessing the Federal Reserve's payment channels, and this alone shows where the real power lies.
🔍 Why is this important?
• If stablecoin issuers gain even limited access
• Settlement will be faster
• Costs will be lower
• And deposits will start migrating away from traditional banks.
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