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Figure Co-founder Mike Cagney Predicts Emergence of Megabank Stablecoin Era

DATE POSTED:October 9, 2025
Mike Cagney, Co-founder and current Executive Chairman of Figure (NASDAQ:FIGR), which aims to transform capital markets by leveraging blockchain technology, predicts that the era of megabank stablecoin is coming. Cagney noted that the GENIUS Act will usher in JP Coin, and it will “suck the liabilities (deposits) out... Read More