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News Explorer — US Senators Raise Alarms Over Meta's Stablecoin Ambitions

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Jun 12, 6:40 am
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US Senators Raise Alarms Over Meta's Stablecoin Ambitions

Senators Warren and Blumenthal expressed concerns about Meta's stablecoin plans, warning of threats to competition and financial privacy. They highlighted the potential for Meta to consolidate economic power and control the U.S. money supply through stablecoins integrated into its platforms.

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