stablecoin bank

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Ansem 🧸💸· 2025-07-04 14:05
RT TBPN (@tbpn)We asked @bridge__harris (Associate at @foundersfund) what a stablecoin bank could look like.“From a consumer angle, it would look exactly like a narrow bank; every deposit is one-to-one backed with T-bills, so it’s super safe.""But that safety is why it scares regulators: if too much money flows out of fractional-reserve banks and into a stablecoin bank, it threatens the Fed and the broader U.S. system.""That’s why narrow banks could never get a charter or master account; it’s a direct chall ...