Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

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This is the summary CoinDesk publishes in its feed. The full article lives on their site.
The 2027 budget amendment would end tax deferral for swaps into single-currency stablecoins from January 1, but it is not yet law.
Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins.