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by: xpoolPosted on: May 23, 2025

Arthur Hayes Warns of Bank-Backed Stablecoins’ Threat to Circle’s USDC

Arthur Hayes, co-founder of BitMEX, issued a warning regarding the potential dominance of bank-backed stablecoins over Circle’s USDC. He expressed skepticism towards Circle’s market share in light of Wall Street banks’ joint efforts to develop a stablecoin for corporate and institutional use.

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  4. Senate Advances Stablecoin Bill: Democrats Key To Bipartisan Push For Digital Asset Regulation
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