Stablecoin rewards restrictions can slow but not stop Circle's USDC, says Citigroup
USDC adoption hinges on volume, not circulation, the bank said
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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USDC adoption hinges on volume, not circulation, the bank said
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The crypto industry got a first look at legislative language that won't allow rewards on stablecoin balances, and the approach is seen as restrictive.
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