CIRCLE CEO PUSHES BACK ON STABLECOIN CRITICISM\n\n#Circle CEO said claims that #stablecoin reward programs would drain bank deposits and trigger a collapse in credit markets are “totally absurd,” pushing back against growing concerns over stablecoins’ impa

CoinRank · 2026-01-22T14:51:26+00:00

Circle's CEO defends stablecoin reward programs against criticism, labeling concerns over their impact on bank deposits and credit markets as "totally absurd," amid rising scrutiny from regulators and financial institutions.

CoinRank

2026-01-22 14:51:26

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CIRCLE CEO PUSHES BACK ON STABLECOIN CRITICISM\n\n#Circle CEO said claims that #stablecoin reward programs would drain bank deposits and trigger a collapse in credit markets are “totally absurd,” pushing back against growing concerns over stablecoins’ impact on traditional finance.\n\nThe comments come as stablecoin regulation and incentive models face increasing scrutiny from policymakers and financial institutions.\n\n#CryptoNews #Cryptoregulation

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