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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 ...
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 prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...
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.
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate ...
Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly ...
Bank of America is holding back on stablecoins, with CEO Brian Moynihan citing regulatory uncertainty and limited customer ...
Citi’s CEO revealed this week that the multinational bank is considering developing a stablecoin for cross-border payments.
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