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Tether’s Success Sparks Banks’ Interest in Stablecoins
- Banks are showing interest in stablecoins, inspired by the success of Tether.
- Societe Generale - Forge has opened its euro-backed stablecoin to retail investors.
- Other banks are expected to issue their own stablecoins once stablecoin legislation is enacted in Congress.
- Visa has launched a tokenization network for banks to issue stablecoins and is in talks with many other banks.
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