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On September 21, the OCC clarified in an interpretive letter that federally
chartered banks and thrifts may take reserves on behalf of
customers who issue cryptocurrency stablecoins. As Jeff Alberts,
co-head of the FinTech Group, discusses in this video, taking
stablecoin reserve deposits represents a potentially lucrative
opportunity for federally chartered banks. To learn more about the
benefits and challenges of accepting stablecoin reserve deposits,
check out the video below.
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