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TechFlow, September 22 — According to Jinshi Data, Federal Reserve official Musalem said that when implementing the GENIUS Act, interest payments on stablecoins must be restricted. It is important that stablecoins continue to serve as payment tools rather than savings tools.
According to Jinshi Data, Federal Reserve official Musalem said that when implementing the GENIUS Act, interest payments on stablecoins must be restricted. It's important that stablecoins continue to serve as payment tools rather than savings tools.
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