Top U.S. Regulator Dismisses Stablecoin ‘Bank Run’ Threat as Market Soars Past $300B

OCC’s Jonathan Gould has said stablecoin risks have been overstated, adding a threat to bank deposits and a run would not happen overnight. Banking groups have urged Congress on GENIUS Act yield issues as supply has grown past $300B and EU/UK regulators have set temporary limits.

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