Regulator asks community banks to fight bank competition

The OCC is pitching stablecoins as a "comeback" for community banks, but this is actually a Trojan horse that could wipe out $850 billion in local lending. While regulators claim they are helping small lenders compete, industry experts warn that moving savings from insured deposits into digital dollars will gut the capital used for local business and home loans. Is the government saving community banks, or is it engineering the end of local lending? What's your take?
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