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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 ...
The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...
Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal ...
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 has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...
Bank of America is holding back on stablecoins, with CEO Brian Moynihan citing regulatory uncertainty and limited customer ...
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate ...
Some large U.S. lenders, including Bank of America and Citibank, are working on launching stablecoins at a time when the ...
The Genius Act passed in the House by a 308-122 vote after it was passed in the Senate last month with broad bipartisan support. The landmark legislation lays out the rules of the road for the $250 ...