Home » News » United Texas CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’ (Cointelegraph)

United Texas CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’ (Cointelegraph)

Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.”

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