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Slate Money

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Navigating Crypto Regulations: The Future of Stablecoins

This chapter explores recent legislative developments regarding stablecoins, focusing on the Stable and Genius Acts aimed at enhancing regulatory clarity and consumer protection. It discusses the risks associated with stablecoin issuers and their potential as alternatives to traditional bank accounts, alongside their growing popularity among traders and major retailers. Additionally, the chapter highlights the implications of adopting stablecoins for payment systems and the challenges faced in changing consumer behaviors.

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