3 Fintech News Stories #1: This is Why Big Banks Have Consortiums What happened? The big banks are discussing the possibility of jointly issuing a stablecoin: The nation’s biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations […]| Fintech Takes
That move bends to bank groups that filed a lawsuit last year to block the Consumer Financial Protection Bureau rule aimed at making it easier for consumers to move their financial accounts.| Payments Dive