Fed stablecoin proposal would make circulation a capital cost for supervised issuers
At $1 billion outstanding with no non-reserve revenue, the proposed operating-risk baseline would be $20 million before adjustments.
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At $1 billion outstanding with no non-reserve revenue, the proposed operating-risk baseline would be $20 million before adjustments.
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At $1 billion outstanding with no non-reserve revenue, the proposed operating-risk baseline would be $20 million before adjustments.
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