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<blockquote data-quote="ThxOne" data-source="post: 8918213" data-attributes="member: 675210"><p>Learning that BANKS are the problem my XRP isn't taking off. The clarity act bill, the interest banks earn by parking our deposits at the FED, whether or not stable coins would be allowed to earn interest. It's all about the banks and how much money they make from our deposits. While our deposits make 1-11bps the banks make like 3.5-4%. You can see why banks would be against stable coins earning 5% or more. The banks would have to also raise what we earn percentage wise and they would make less money.</p></blockquote><p></p>
[QUOTE="ThxOne, post: 8918213, member: 675210"] Learning that BANKS are the problem my XRP isn't taking off. The clarity act bill, the interest banks earn by parking our deposits at the FED, whether or not stable coins would be allowed to earn interest. It's all about the banks and how much money they make from our deposits. While our deposits make 1-11bps the banks make like 3.5-4%. You can see why banks would be against stable coins earning 5% or more. The banks would have to also raise what we earn percentage wise and they would make less money. [/QUOTE]
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