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Stablecoins, typically pegged 1:1 to the US dollar, have surged in use – especially among crypto traders shifting funds between different tokens.
Major US banks like JPMorgan, Citigroup, and Bank of America explore stablecoins amid positive regulatory developments. Dive into Wall Street’s stablecoin ambitions, OKX’s USDG adoption and the S&P ...
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly ...
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 ...
The crypto market cap has soared past $4 trillion, fueled by a rally in altcoins and the passage of a landmark U.S. stablecoin bill ...
Large US banks are paying close attention to the emergence of stablecoins as an increasingly serious rival to established banking services. On recent earnings c ...
Payment strategy has changed, with top executives in US banks calling it out. Executives of JPMorgan, Citigroup, and Bank of ...
Investors bet passing of Genius Act and other legislation will send billions of Wall Street dollars into digital assets ...
“Crypto Week,” as it was dubbed by GOP leadership, culminated in a bipartisan 308-122 House vote approving the GENIUS Act, a ...
There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...