Aug 24, 2026 8:47 PM

Traditional banks are blocking the CLARITY Act because they fear stablecoins will steal their customers, but their resistance is already futile. Circle’s growth is now independent of U.S. regulation, with adjusted transaction volumes hitting $11 trillion and surging toward $17 trillion. Even without legal clarity, USDC dominates 80% of decentralized finance volumes. If stablecoins can thrive while banks try to kill them, do we even need the traditional banking system? What's your take?
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