Mar 4, 2026 11:47 AM

Paying interest on customer balances automatically makes you a bank, requiring full bank regulation, regardless of whether you're a stablecoin issuer or a traditional institution. This stance, championed by figures like Jamie Dimon, is a direct attack on financial innovation and prevents Americans from accessing higher yields outside the legacy banking system. Do you believe all interest-bearing accounts should be subject to the same stringent bank regulations?
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