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0.0334441291717336 -0.00553979192001081 -0.00608025942440211 0.00419402783407647 0.011182272665856 0.0139927036886908 0.0151520064856101 0.0198783948115119
Stock impact report

Systemic ‘Bank Run' Risk Hangs Over Stablecoin Bills in Congress [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Libraries Warn They Could Be ‘Cut off at the Knees' by DOGE The Trump administration and Congress are both pushing to cement the growing importance of stablecoins, the digital tokens that are supposed to maintain a steady value with backing from traditional assets. Two bills traveling through the House and Senate are designed to give stablecoins a bigger role in the global payments infrastructure, with vocal support from President Donald Trump. The interest from Washington has helped encourage the steady flow of new money into the sector — even as other parts of the cryptocurrency industry have struggled — bringing the total value to more than $230 billion. Yet the boom in tokens like Tether H Show less Read more
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