The Rise of Stablecoin In Banking: They Are Used For Reserves
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A number of banks are holding USDC as a reserve on their balance sheets. One, Citizens, in Atlanta, had $65 million in stablecoins.
In this video I discuss how payments are lagging but settlement is taking off using stablecoins. We can see HBD starting to make an impact if we start to penetrate different regions of the world.
https://cointelegraph.com/news/fdic-insured-citizens-trust-bank-to-hold-65m-in-usdc-reserves
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