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Unlike more volatile cryptocurrencies, stablecoins are designed to hold their value and settle payments instantly, around the clock.
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 ...
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 Bitcoin (CRYPTO: BTC) price just leapt back above US$120,000 as investors cheer the new US stablecoin bill. Here’s what’s ...
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Are stablecoins the next Venmo? Big banks prep for the next big payments competition.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 ...
Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal ...
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 ...
Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...
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.
Bank of America is holding back on stablecoins, with CEO Brian Moynihan citing regulatory uncertainty and limited customer ...
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