Crypto
Stablecoin regulatory uncertainty could hit banks harder
Regulatory uncertainty over stablecoins could hit banks harder, Cointelegraph reported on March 15, citing Mega Matrix Vice President Colin Butler. Butler said financial institutions have already made large investments in digital asset infrastructure but cannot fully use them because rules are unclear. He said banks have laid groundwork for stablecoin support, while crypto firms may keep operating in existing regulatory grey areas. Butler also cited higher stablecoin yields than bank deposits.
