Require stablecoin issuers to hold capital reserves according to banking standards? That's like asking a convenience store to operate based on Walmart's inventory pressure—business logic is fundamentally different.

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CoinNetwork
Coin Realm News reported that Peter Schiff said crypto companies should not be required to comply with bank-level capital and compliance rules, because stablecoin issuers do not engage in high-risk lending business like banks.
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