๐ฆ Arthur Hayes, BitMEX co-founder, predicts large banks like JP Morgan will adopt stablecoin issuer business models like Tether. He notes Tether's market position is due to the absence of similar products in the U.S. banking system but suggests this may change if traditional banks are allowed to issue stablecoins by the U.S. Treasury. ๐๏ธ๐ฐ #StablecoinPrediction
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