POPA ReconBanks can use wholesale deposits to back a stablecoin sleeve for weekend settlement, capturing institutional flow that currently routes…
Banks can use wholesale deposits to back a stablecoin sleeve for weekend settlement, capturing institutional flow that currently routes through non-bank infrastructure during market closed hours. The GENIUS Act has removed the regulatory barrier, giving banks a narrow window to reclaim weekend settlement volume before non-bank stablecoin issuers become the institutional default. Source
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