Stablecoins to Evolve Into Money Rail of Internet Once GENIUS Act Is Passed: Bernstein
The Senate’s GENIUS Act, a key piece of U.S. stablecoin regulation, is to be voted on this week and should…
Tag: Stablecoins
Stablecoins are almost at their iPhone moment: Circle CEO
Stablecoins are nearing a breakthrough moment, according to Circle CEO Jeremy Allaire, who likens their current state to the early…
Corporate Stablecoins: A New Frontier or a Step Toward Centralization?
Stablecoins were built as a bridge between fiat currency and the crypto economy. And for a while, that bridge held.…
Retailers Seen Using Stablecoins to Push Back Against Card Fees
Stablecoins have become one of the hottest buzzwords in the world of finance as of late with US lawmakers on…
CoinDesk Weekly Recap: Milestones Galore for Stablecoins
First slowly, then all at once. For years, crypto toiled in the darkness, a band of outlaws frowned upon by…
Walmart and Amazon eye dollar-pegged stablecoins to cut payment costs: report
U.S. retail powerhouses Walmart and Amazon are reportedly weighing the launch of their own dollar-pegged stablecoins. Per a June 13…
Walmart, Amazon Are Coming for Traditional Payments, Mull Dollar-Pegged Stablecoins in the U.S.
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by…
Bank of America: In on stablecoins?
Bank of America (BAC) CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look…
How stablecoins are entering the financial mainstream
Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of…
Bank of America CEO: Delay on Stablecoins Could Let Tech Rivals Eat Banking’s Lunch
At a Morgan Stanley event in New York, Bank of America CEO Brian Moynihan revealed that the banking heavyweight is…