Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO

5 hours ago 1647

JPMorgan CFO

Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation.

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Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO

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