Banks Rebut White House Stablecoin Yield Claims, Warn of Community Bank Damage
https://www.sandmark.com/news/top-news/banks-rebut-white-house-stablecoin-yield-claims-warn-community-bank-damage?utm_medium=referral&utm_source=redbot&utm_campaign=redbot-ww-en-brand
Posted by JAYCAZ1
1 Comment
Traditional banks have enjoyed a greedy spread giving .1% interest on deposits while loaning that money at 6-8%. Of course they are complaining. They’ve had it good for a long time. F them.