Caitlin Long, CEO of Custodia Bank, highlights that while stablecoins total around $300 billion, traditional bank demand deposits are about $5.7 trillion. She argues that tokenizing these traditional deposits could be a more significant development than stablecoins. Long also discusses the U.S. Treasury's interest in tokenized dollars and the Federal Reserve's stance on this innovation. This shift could reshape the digital dollar landscape and impact the future of banking and digital assets.
Caitlin Long's views on fiscal dominance and stablecoins provide context as of Oct 06, 2026 03:02 WIB. For readers following the broader cryptocurrency market, here is Pluang's snapshot: out of 50 major cryptocurrencies, 24 rose and 25 fell today. Notable movers include YFI at Rp45.848.805 with a 1-day change of -3.12% and Pluang order activity of 96% Sell / 4% Buy, CAKE at Rp43.884 down 2.22%, and FTM at Rp11.382 down 2.05%.
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Applied Digital is set to report a fiscal Q1 loss of $0.30 per share on $116.3 million revenue, reflecting ongoing investments in AI and high-performance data centers. The company has expanded its Polaris Forge 1 campus to 250 MW operational capacity...
