MAROKO133 Update crypto: Top U.S. Regulator Dismisses Stablecoin ‘Bank Run’ Threat as Mark

📌 MAROKO133 Breaking crypto: Top U.S. Regulator Dismisses Stablecoin ‘Bank Run’ Th

The head of the U.S. Office of the Comptroller of the Currency (OCC), Jonathan Gould, has rejected fears that stablecoins could trigger a sudden banking crisis, describing the risk of a deposit run as overstated and unlikely to occur without warning.

Speaking at the American Bankers Association (ABA) Annual Convention in Charlotte on October 19, Gould told attendees that any large movement of deposits linked to stablecoins “would not happen in unnoticed fashion” and “would not happen overnight.”

His comments come amid growing friction between federal regulators and traditional banking groups over the rise of stablecoins, digital tokens pegged to fiat currencies such as the U.S. dollar.

The market has expanded sharply this year, rising from $205 billion in January to over $307 billion, according to DeFiLlama. Tether’s USDT controls roughly 59% of the market, followed by Circle’s USDC.

The rapid expansion has intensified calls from the banking industry for tighter oversight.

What “Loophole” in the GENIUS Act does the Banking Lobby Warn of?

In August, the American Bankers Association and over 50 state banking groups urged Congress to close what they called “loopholes” in the GENIUS Act, the new federal stablecoin law signed in July by President Donald Trump.

The groups warned that the law allows stablecoin issuers to indirectly pay yield through affiliates, which they claim could lead to massive deposit outflows from the banking system.

In a joint letter, the Bank Policy Institute, Consumer Bankers Association, Independent Community Bankers of America, and Financial Services Forum said yield-bearing stablecoins could drain as much as $6.6 trillion from traditional banks, citing estimates from the U.S. Treasury.

They argued that such outflows could push up interest rates, reduce loan availability, and raise borrowing costs for households and businesses.

“Payment stablecoins should not pay interest the way highly regulated and supervised banks do,” the letter stated, emphasizing that stablecoin issuers do not lend or invest in securities to generate returns.

OCC’s Gould Downplays Crisis Fears, Urges Smaller Banks to See Stablecoins as Opportunity, Not Threat

However, Jonathan Gould dismissed the idea of an imminent threat, noting that stablecoin adoption could instead benefit smaller banks by providing new ways to compete in digital payments.

He said the OCC closely monitors such activity and would act swiftly if necessary. “If there were to be a material flight from the banking system, I would be taking action,” Gould said, adding that highly placed officials and trade associations would also step in.

He urged community banks to view stablecoins as a competitive tool, not a threat, suggesting they could help smaller institutions challenge the dominance of Wall Street giants in the payments market.

He also added that the OCC is working on rulemakings tied to the GENIUS Act and is “very conscious of the statutory deadlines that Congress has given us.”

“Payment stablecoin connectivity might be a possibility for community banks to break some of the dominance that exists right now among the very largest banks in the payment system in America,” Gould said, pledging to ensure there are “safe and sound” ways for banks to participate.

Stablecoins Face Crossfire: Banks Warn, Regulators Reassure, Adoption Grows

The OCC’s stance contrasts sharply with the warnings issued by major banking associations and foreign regulators.

Earlier this month, the European Systemic Risk Board, chaired by European Central Bank President Christine Lagarde, cautioned that multi-issuer stablecoin models could destabilize the EU’s financial system, while the Bank of England announced plans for temporary caps on stablecoin holdings to protect credit availability.

In the U.S., the debate has also drawn strong responses from crypto platforms. Coinbase recently published a detailed rebuttal to claims that stablecoins threaten financial stability, calling the “deposit erosion” narrative a myth designed to defend banks’ $187 billion annual payment processing revenues.

The exchange argued that stablecoin usage actually strengthens the U.S. dollar’s global role and found “no meaningful correlation” between stablecoin adoption and deposit flight from community banks over the past five years.

Meanwhile, Standard Chartered has warned that <a href="https://cryptonews.com/news/banking-giant-issues-dire-warning-stablecoins-could-drain-1-tri…

Konten dipersingkat otomatis.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Eksklusif crypto: Zcash (ZEC) Breakout Stalled By Big Money — Here’s W

Zcash (ZEC) price has been one of the strongest performers among privacy coins, gaining nearly 470% over the past three months. The token is now trading near $250 after a brief pullback, cooling off from its recent surge but still holding most of its gains.

At first glance, the pause (even one since yesterday might seem like fading momentum. But the signals suggest something different. Whales are taking a step back, retail conviction remains strong, and technical patterns continue to hint that the broader uptrend is far from over.

Whales Ease Off, But Retail Traders Ride The Conviction

Large investors have started to slow their buying. The Chaikin Money Flow (CMF) — which measures large-money inflows — has dropped sharply from over 0.45 at the start of October to around 0.04 now. This indicates whales have begun taking profits after driving ZEC’s earlier rally.

Still, this is not entirely bearish. Even when CMF dropped earlier this month, ZEC’s price kept climbing. The token’s rally is no longer fully dependent on whale activity — retail traders are filling in the gap.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Over the past 24 hours, ZEC’s net flow flipped from +$18.14 million to –$4.06 million, a 122% swing toward outflows. That means more tokens are leaving exchanges, suggesting that holders are buying more.

Smaller traders appear to be accumulating while large holders reduce exposure — a pattern that often helps sustain rallies. Adding to that conviction, Zcash’s shielded pool recently surpassed 4.5 million ZEC, locking nearly 27.5% of its total supply.

This surge in shielded holdings shows that more users are moving coins into long-term private storage rather than trading them, tightening market supply and reinforcing confidence in Zcash’s privacy technology.

ZEC Price Structure Still Shows Strength Beneath The Surface

ZEC’s price action shows that this pullback is likely a pause, not a breakdown. The structure remains healthy, and multiple signals suggest the uptrend is holding.

While the full breakout projection of the flag setup points to an ambitious 547% potential move based on the pole’s height, that Zcash price target remains far-fetched for now. Nearer levels like $284, $314, and $441 look more realistic as upcoming resistance zones.

The Relative Strength Index (RSI) — which measures the strength and speed of price changes — highlights that shift clearly. A few days earlier, around October 16, a hidden bullish divergence appeared, where the RSI made lower lows while the price made higher lows. The result was a short-term rally that pushed ZEC up before this latest pullback.

Now, a similar divergence is forming again. The price has continued making higher lows while RSI dips slightly — a setup that often hints at trend continuation. If the pattern repeats, ZEC could soon resume its climb toward $284 and $314, the next resistance levels.

However, if the price drops below $247 and then $209, it could signal temporary weakness. A move under $187 would break the bullish structure and expose the ZEC price to a deeper correction.

The post Zcash (ZEC) Breakout Stalled By Big Money — Here’s Why It Might Not Affect The Price appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com