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Unlike more volatile cryptocurrencies, stablecoins are designed to hold their value and settle payments instantly, around the clock.
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...
The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...
JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...
A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...
Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal ...
The Bitcoin (CRYPTO: BTC) price just leapt back above US$120,000 as investors cheer the new US stablecoin bill. Here’s what’s ...
The stablecoin bill is the centerpiece of a legislative push Trump has dubbed “Crypto Week.” Earlier Thursday, the House also passed a broad crypto market structure bill that still has to be ...
Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.
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CCN on MSNBank of America, Citi Confirm Stablecoin Plans, Others Acknowledge Interest but Won’t Commit YetWhen major U.S. banks delivered quarterly results this week, executives were questioned about their stablecoin plans. Citi and Bank of America have all but acknowledged ...
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