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Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them

U.S. Sen. Cynthia Lummis urged American banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Ba...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them
U.S. Sen. Cynthia Lummis urged American banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Banks should see stablecoins as a way to expand services, not defend turf, Lummis said during a Feb. 6 appearance on Fox Business, […]

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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