MarketPR
A partnership between Coinbase (COIN) and Moov is directed at expanding stablecoin capabilities for community banks, with the U.S.
Senate scheduled to hold a preliminary vote on the Clarity bill, a measure to regulate digital assets, next week.
The arrangement positions community banks to participate in stablecoin markets ahead of whatever the Clarity vote begins to establish. That Senate milestone is the event the setup turns on.
Community banks have largely sat outside the stablecoin order book, and the Coinbase-Moov partnership changes what is available to them.
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