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Stablecoins Threaten Utah’s Farms | Salt Lake City News
A new bill, the CLARITY Act, threatens Utah’s farming heartland by letting stablecoin issuers pay interest on deposits—pulling cash away from community banks that fund seeds, feed, and equipment. With agriculture generating over $2 billion and employing thousands, losing local credit could devastate rural economies. Crypto giants are pushing the loophole to stay open while farmers face rising costs and shrinking land. Senator John Curtis warns of this exact risk—and hopes lawmakers will fix the bill before it breaks Main Street. Listen in comfort:Get a discount on a Soli Pillow…
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