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U.S. Currency Comptroller says community banks can work with stablecoin companies to drive innovation

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U.S. Currency Comptroller says community banks can work with stablecoin companies to drive innovation

According to Foresight News, community banks can work with companies that develop stablecoins to promote innovation and provide new products, according to the U.S. Currency Complaint (OCC). The OCC will review and update its regulatory and oversight methods as appropriate to ensure that community banks are maintained while supporting innovation in the banking industry.
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