39 U.S. banking groups eye a major 2027 launch

Banks spent years lobbying against stablecoins, only to now build their own blockchain infrastructure to control the market. By forming the BankChain Alliance, they aim to tokenize deposits while simultaneously pushing for laws that ban competitors from paying you interest. They aren't embracing innovation; they’re trying to kill the competition to keep your money trapped in low-yield accounts. Is a bank-run blockchain just a regulated monopoly in disguise?
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