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Birdie_OKX
Twenty-one banks, including Citi, Goldman, BofA, UBS, Deutsche Bank and MUFG, plan a joint dollar stablecoin company, with a euro token later. I read this as defensive: deposits are insulating themselves from USDC and USDT. The key question is whether a 21-way consortium can ship ahead of incumbents that already own the rails. #TradFiStablecoinAlliance
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