Bankers share stablecoins’ opportunities, risks for community banks
By Walt Williams
AI Summary
Community banks should consider stablecoins for new business opportunities but need proper regulation to protect deposit bases; stablecoins pose serious risks if not regulated.
Texas Relevance
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The content is broadly applicable to community banks in general.
Original Content
Community banks shouldn’t ignore stablecoins, which will create new business opportunities for the institutions but also pose a serious risk to their deposit base without proper regulation, three bankers said during a panel discussion at the ABA Conference for Community Bankers in Orlando. The post Bankers share stablecoins’ opportunities, risks for community banks appeared first on ABA Banking Journal .