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{"id":28341,"date":"2024-09-27T21:03:27","date_gmt":"2024-09-27T21:03:27","guid":{"rendered":"https:\/\/bitcoins-101.com\/2024\/09\/27\/feds-dovish-move-to-slash-625m-in-interest-income-for-stablecoins\/"},"modified":"2024-09-27T21:03:27","modified_gmt":"2024-09-27T21:03:27","slug":"feds-dovish-move-to-slash-625m-in-interest-income-for-stablecoins","status":"publish","type":"post","link":"https:\/\/bitcoins-101.com\/2024\/09\/27\/feds-dovish-move-to-slash-625m-in-interest-income-for-stablecoins\/","title":{"rendered":"Fed\u2019s dovish move to slash $625M in interest income for stablecoins"},"content":{"rendered":"CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.<\/p>","protected":false},"excerpt":{"rendered":"
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