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Stablecoins were another big theme, as issuers argued over the parameters of a new law covering the most used form of digital assets. Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, said USD-backed stablecoin issuers should be required to register in the U.S., in a clear tilt at Circle’s biggest rival, Tether (regulatory reporter Camomile Shumba had that). Meanwhile, Bank of America said it planned to launch its own stablecoin, Helene Braun wrote.
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