Crypto vs. Banks: The Fed’s “Skinny Master Account” Debate Is Heating Up 🔥 The Federal Reserve is weighing a proposal that could reshape the U.S. payments landscape: “skinny master accounts”—a new type of payment account that would give fintech and crypto firms limited access to the Fed’s payments infrastructure. Crypto companies argue this is a long-overdue step toward modern, competitive, and innovation-friendly payments. Stablecoin issuer Circle says these accounts could materially strengthen U.S. payments and support Congress’s broader digital asset vision. Banks, however, are urging caution. Major banking associations warn that granting access to firms without long-term supervisory track records could introduce systemic risk, governance gaps, and regulatory uncertainty. 🔘At the heart of the debate: 🔘Innovation vs. financial stability 🔘Open access vs. centralized oversight 🔘The future role of crypto in core payment rails As the Fed reviews feedback, one thing is clear: the lines between traditional finance and crypto infrastructure are no longer theoretical—they’re being negotiated in real time. 👉 Want to truly understand how crypto regulation, payments infrastructure, and financial policy intersect? Explore our courses and learn how these decisions will shape the future of banking, stablecoins, and digital finance. #CryptoRegulation #FinTech #BankingInnovation #Stablecoins #Payments #FederalReserve #DigitalAssets #Web3 #FinancialInfrastructure #BlockchainPolicy #CryptoEducation https://hubs.li/Q042tVdv0