stablecoin
1.4M προβολές
1,862 άτομα συμμετέχουν στη συζήτηση
Δημοφ.
Πιο πρόσφατα
“Goodbye, Circle?” Wall Street Banks Plan Stablecoin – Hayes Warns of Market Shake-Up
Crypto veteran Arthur Hayes isn’t holding back — according to him, Circle, the company behind the stablecoin USDC, may be facing a serious threat. The reason? A group of Wall Street’s biggest banks is reportedly considering a joint stablecoin initiative. And it’s all unfolding just as the GENIUS Act — key U.S. stablecoin legislation — moves through the Senate.
“Goodbye, Circle. Thanks for playing,” Hayes wrote with a touch of irony, suggesting that USDC’s dominance may soon come to an end.
🔹 Wall Street Giants Eye a Stablecoin of Their Own
According to The Wall Street Journal, banking heavyweights like JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup are exploring the idea of launching a jointly-backed U.S. dollar stablecoin. Their plans appear to be accelerating now that the GENIUS Act is gaining traction in Congress.
Meanwhile, Circle is facing some pressure — the USDC peg has recently slipped slightly to $0.9987 — and major banks are sensing a golden opportunity in the fast-growing stablecoin market.
🔹 Circle in Sale Talks? Ripple and Coinbase in the Mix
Interestingly, Circle may already be seeking a way out. Behind the scenes, it is reportedly in talks with Ripple and Coinbase about a potential acquisition. What’s most valuable to them? Circle’s user base, its deep integration into DeFi applications, and the vast on-chain liquidity behind USDC.
Hayes and other analysts agree: the true value of USDC lies not just in its 1:1 peg to the dollar, but in its central role in decentralized finance.
🔹 Why Now? For Banks, It’s a Now-or-Never Moment
Wall Street sees digital currencies as both a threat and an opportunity. If banks don’t adapt, they risk losing ground in payments and deposits — two areas already being disrupted by big tech and crypto players. Meanwhile, French bank Société Générale is preparing to launch its own U.S. dollar-backed stablecoin on Ethereum.
The GENIUS Act could be a turning point. If passed, it would give both banks and licensed non-bank entities the green light to issue stablecoins — while restricting public companies outside the financial sector.
🔹 A New Era of Payments?
A stablecoin backed by major banks could revolutionize fast, low-cost cross-border payments, allowing traditional institutions to reclaim control over digital financial flows — territory that crypto firms have dominated in recent years.
The only question now: Can Circle survive the storm, or are we truly about to hear a final “Bye bye, Circle”?
#Circle , #USDC , #stablecoin , #ArthurHayes , #defi
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
“Goodbye, Circle. Thanks for playing,” Hayes wrote with a touch of irony, suggesting that USDC’s dominance may soon come to an end.
🔹 Wall Street Giants Eye a Stablecoin of Their Own
According to The Wall Street Journal, banking heavyweights like JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup are exploring the idea of launching a jointly-backed U.S. dollar stablecoin. Their plans appear to be accelerating now that the GENIUS Act is gaining traction in Congress.
Meanwhile, Circle is facing some pressure — the USDC peg has recently slipped slightly to $0.9987 — and major banks are sensing a golden opportunity in the fast-growing stablecoin market.
🔹 Circle in Sale Talks? Ripple and Coinbase in the Mix
Interestingly, Circle may already be seeking a way out. Behind the scenes, it is reportedly in talks with Ripple and Coinbase about a potential acquisition. What’s most valuable to them? Circle’s user base, its deep integration into DeFi applications, and the vast on-chain liquidity behind USDC.
Hayes and other analysts agree: the true value of USDC lies not just in its 1:1 peg to the dollar, but in its central role in decentralized finance.
🔹 Why Now? For Banks, It’s a Now-or-Never Moment
Wall Street sees digital currencies as both a threat and an opportunity. If banks don’t adapt, they risk losing ground in payments and deposits — two areas already being disrupted by big tech and crypto players. Meanwhile, French bank Société Générale is preparing to launch its own U.S. dollar-backed stablecoin on Ethereum.
The GENIUS Act could be a turning point. If passed, it would give both banks and licensed non-bank entities the green light to issue stablecoins — while restricting public companies outside the financial sector.
🔹 A New Era of Payments?
A stablecoin backed by major banks could revolutionize fast, low-cost cross-border payments, allowing traditional institutions to reclaim control over digital financial flows — territory that crypto firms have dominated in recent years.
The only question now: Can Circle survive the storm, or are we truly about to hear a final “Bye bye, Circle”?
#Circle , #USDC , #stablecoin , #ArthurHayes , #defi
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Feed-Creator-3e0b4ea48:
secondly, we allready have a crosborder payment system at home. we all know by now.
no amount of PR and cover up will help them after the banks overkooked it. again.
📉 Bitcoin takes a small step back but still on the rise! 🚀
On Friday, May 23, Bitcoin dropped to $109,110 after hitting a recent high near $112,000. This is a normal correction—investors are taking profits, and big players are moving funds. Despite the slight dip, Bitcoin gained 8% over the past week and nearly 18% over the past month! 🔥
The market mood is boosted by news from the U.S. Senate. The GENIUS Act is moving forward to better regulate stablecoins and attract institutional investors. Major banks like JPMorgan and Bank of America are planning to launch a joint stablecoin to simplify international payments.
Interest in Bitcoin is growing—spot ETFs saw an inflow of almost $935 million. Altcoins like Ethereum and Dogecoin also experienced slight corrections, following Bitcoin’s lead.
We’ll keep watching the crypto market closely!
#Investing #stablecoin #cryptonews
$BTC
On Friday, May 23, Bitcoin dropped to $109,110 after hitting a recent high near $112,000. This is a normal correction—investors are taking profits, and big players are moving funds. Despite the slight dip, Bitcoin gained 8% over the past week and nearly 18% over the past month! 🔥
The market mood is boosted by news from the U.S. Senate. The GENIUS Act is moving forward to better regulate stablecoins and attract institutional investors. Major banks like JPMorgan and Bank of America are planning to launch a joint stablecoin to simplify international payments.
Interest in Bitcoin is growing—spot ETFs saw an inflow of almost $935 million. Altcoins like Ethereum and Dogecoin also experienced slight corrections, following Bitcoin’s lead.
We’ll keep watching the crypto market closely!
#Investing #stablecoin #cryptonews
$BTC
🚨 Arthur Hayes Sounds the Alarm on USDC’s Future
🏛 With major U.S. banks reportedly exploring a joint stablecoin venture, and the GENIUS Act moving through the Senate, crypto veteran Arthur Hayes sees trouble ahead for Circle’s USDC.
📢 His take? “Bye bye Circle. Thanks for playing.”
🌐 If Wall Street enters the stablecoin game, the competitive landscape could shift dramatically.
#stablecoin #USDC #ArthurHayes #GENIUSAct #Crypto
🏛 With major U.S. banks reportedly exploring a joint stablecoin venture, and the GENIUS Act moving through the Senate, crypto veteran Arthur Hayes sees trouble ahead for Circle’s USDC.
📢 His take? “Bye bye Circle. Thanks for playing.”
🌐 If Wall Street enters the stablecoin game, the competitive landscape could shift dramatically.
#stablecoin #USDC #ArthurHayes #GENIUSAct #Crypto
CryptorMaven:
👍
GENIUS Act: Consumer Protection or a Threat to Crypto Innovation?
The U.S. Senate has passed the GENIUS bill with a strong bipartisan vote of 66 to 22 – signaling widespread support for stablecoin regulation across party lines. While supporters hail it as a crucial step toward consumer protection and market stability, critics warn that the bill may favor large corporations at the expense of small startups and innovation.
🔹 What Does the GENIUS Act Actually Bring?
Supporters argue that this legislation could help prevent disasters like the 2022 collapse of Terra Luna, which led to billions in losses. The bill requires stablecoin issuers to hold 100% of reserves in secure assets such as cash or U.S. Treasury bonds, ensuring users’ funds are fully backed.
In addition:
🔹 Issuers managing over $50 billion must publish monthly reserve disclosures,
🔹 They are subject to annual financial audits,
🔹 In the event of bankruptcy, everyday users get repayment priority.
Proponents say this creates trust, transparency, and forces companies to compete on quality rather than hype.
🔹 The Critics: Helping the Powerful, Hurting the Rest?
Not everyone is cheering. Critics like Senator Elizabeth Warren warn the law could open doors for political manipulation. For instance, the bill doesn’t directly address Trump’s $1 stablecoin, issued by a crypto firm linked to the former president. Warren claims this opens the way for anonymous buyers, foreign governments, and major corporations to bypass regulations and receive unfair political advantages.
Startups also voice concern. The bill demands stablecoins be issued through separate subsidiaries, meet strict liquidity standards, undergo constant audits, and comply with detailed marketing limits. For smaller teams or international developers, it might be too much to handle – effectively shutting them out of the U.S. market.
And if only a handful of giant firms dominate stablecoins, we could see less product diversity, fewer choices for users, and concentrated market power in just a few hands.
🔹 Balancing Safety and Innovation
The GENIUS Act is undeniably a landmark move toward regulating the U.S. stablecoin space – it’s the first time such assets will be governed under federal law. But the question remains: who will this law truly serve?
Supporters hope it will attract responsible investors and foster long-term growth. Critics fear overregulation could choke innovation, entrench the current giants, and exclude emerging players. They also warn that even if companies follow the rules on paper, bad actors could still abuse the system – with even bigger consequences next time.
📌 The GENIUS Act is a major first step in creating a regulated stablecoin framework. But whether it moves America forward, backward, or sideways depends on how it’s enforced, how it evolves, and who it ultimately empowers.
#USPolitics , #CryptoNewss , #Cryptolaw , #Regulation , #stablecoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🔹 What Does the GENIUS Act Actually Bring?
Supporters argue that this legislation could help prevent disasters like the 2022 collapse of Terra Luna, which led to billions in losses. The bill requires stablecoin issuers to hold 100% of reserves in secure assets such as cash or U.S. Treasury bonds, ensuring users’ funds are fully backed.
In addition:
🔹 Issuers managing over $50 billion must publish monthly reserve disclosures,
🔹 They are subject to annual financial audits,
🔹 In the event of bankruptcy, everyday users get repayment priority.
Proponents say this creates trust, transparency, and forces companies to compete on quality rather than hype.
🔹 The Critics: Helping the Powerful, Hurting the Rest?
Not everyone is cheering. Critics like Senator Elizabeth Warren warn the law could open doors for political manipulation. For instance, the bill doesn’t directly address Trump’s $1 stablecoin, issued by a crypto firm linked to the former president. Warren claims this opens the way for anonymous buyers, foreign governments, and major corporations to bypass regulations and receive unfair political advantages.
Startups also voice concern. The bill demands stablecoins be issued through separate subsidiaries, meet strict liquidity standards, undergo constant audits, and comply with detailed marketing limits. For smaller teams or international developers, it might be too much to handle – effectively shutting them out of the U.S. market.
And if only a handful of giant firms dominate stablecoins, we could see less product diversity, fewer choices for users, and concentrated market power in just a few hands.
🔹 Balancing Safety and Innovation
The GENIUS Act is undeniably a landmark move toward regulating the U.S. stablecoin space – it’s the first time such assets will be governed under federal law. But the question remains: who will this law truly serve?
Supporters hope it will attract responsible investors and foster long-term growth. Critics fear overregulation could choke innovation, entrench the current giants, and exclude emerging players. They also warn that even if companies follow the rules on paper, bad actors could still abuse the system – with even bigger consequences next time.
📌 The GENIUS Act is a major first step in creating a regulated stablecoin framework. But whether it moves America forward, backward, or sideways depends on how it’s enforced, how it evolves, and who it ultimately empowers.
#USPolitics , #CryptoNewss , #Cryptolaw , #Regulation , #stablecoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Meet USD1: The Fastest-Growing Stablecoin of 2025 Is Here to Shake Up DeFi!
A new force has entered the stablecoin arena — USD1, launched by World Liberty Financial Inc. (WLFI) in March 2025, and it's making waves. Pegged 1:1 to the US dollar and backed by short-term US treasuries and cash equivalents, USD1 is built for stability, speed, and serious institutional power.
Here’s what makes USD1 thrilling:
Institutional-Grade Backing: USD1 is backed by real-world assets and secured by BitGo, a titan in crypto custody. It's not just “another stablecoin” — it’s designed for cross-border deals and major players.
Politically Charged Origins: WLFI, inspired by none other than President Donald J. Trump, isn't afraid to mix bold vision with DeFi. Love it or hate it — you can’t ignore it.
Explosive Growth: In just over a month, USD1 hit $2.1 billion in market cap, thanks to its headline-making role in a $2B Binance–MGX deal announced at TOKEN2049 Dubai. That’s right — USD1 is already moving mountains.
Multi-Chain Ready: Built on Ethereum and BNB Chain, with more chains coming soon, USD1 is geared for maximum reach and integration.
Now on Binance: As of May 22, 2025, USD1 is live on Binance, trading against USDT and ready to take its place among the crypto elite.
But wait... it’s not all smooth sailing.
Transparency Woes? Unlike USDT or USDC, WLFI hasn’t yet published public reserve breakdowns.
Political Ties may raise eyebrows and shape adoption.
Still — USD1 isn’t here to play it safe.
It’s here to disrupt, dominate, and define the next chapter of DeFi.
Will you watch from the sidelines — or ride the USD1 wave?
#USD1 #stablecoin #TrumpTariffs #Write2Earn
Here’s what makes USD1 thrilling:
Institutional-Grade Backing: USD1 is backed by real-world assets and secured by BitGo, a titan in crypto custody. It's not just “another stablecoin” — it’s designed for cross-border deals and major players.
Politically Charged Origins: WLFI, inspired by none other than President Donald J. Trump, isn't afraid to mix bold vision with DeFi. Love it or hate it — you can’t ignore it.
Explosive Growth: In just over a month, USD1 hit $2.1 billion in market cap, thanks to its headline-making role in a $2B Binance–MGX deal announced at TOKEN2049 Dubai. That’s right — USD1 is already moving mountains.
Multi-Chain Ready: Built on Ethereum and BNB Chain, with more chains coming soon, USD1 is geared for maximum reach and integration.
Now on Binance: As of May 22, 2025, USD1 is live on Binance, trading against USDT and ready to take its place among the crypto elite.
But wait... it’s not all smooth sailing.
Transparency Woes? Unlike USDT or USDC, WLFI hasn’t yet published public reserve breakdowns.
Political Ties may raise eyebrows and shape adoption.
Still — USD1 isn’t here to play it safe.
It’s here to disrupt, dominate, and define the next chapter of DeFi.
Will you watch from the sidelines — or ride the USD1 wave?
#USD1 #stablecoin #TrumpTariffs #Write2Earn
🚀 Top Crypto News Today (May 24, 2025) 🚀
🔥 #Bitcoin dipped slightly to ~$108K after hitting a new ATH of $112K (profit-taking).
Ethereum (ETH) surged to $2,533, while 📈 the total crypto market cap neared 3.61T.
📌 U.S. regulatory progress : A new "Stablecoin Innovation Act" aims to boost transparency and adoption.
💼Institutional momentum:
- JPMorgan & Citigroup prep stablecoin launches.
- Sweden’s H100 Group bought #Bitcoin, sending its stock up 37%.
⚠️ Security alerts:
- #SUI’s Cetus protocol hacked ($223M loss).
- $123K Bitcoin stolen from a drugged U.S. tourist in London.
#CryptoTrends2024 #stablecoin #Web3
🔥 #Bitcoin dipped slightly to ~$108K after hitting a new ATH of $112K (profit-taking).
Ethereum (ETH) surged to $2,533, while 📈 the total crypto market cap neared 3.61T.
📌 U.S. regulatory progress : A new "Stablecoin Innovation Act" aims to boost transparency and adoption.
💼Institutional momentum:
- JPMorgan & Citigroup prep stablecoin launches.
- Sweden’s H100 Group bought #Bitcoin, sending its stock up 37%.
⚠️ Security alerts:
- #SUI’s Cetus protocol hacked ($223M loss).
- $123K Bitcoin stolen from a drugged U.S. tourist in London.
#CryptoTrends2024 #stablecoin #Web3
@TRON DAO saw a strong rise in stablecoin market cap, jumping from $66.2B on April 1 to $76.5B on May 23, an increase of over $10B in under two months.
By contrast, Ethereum’s stablecoin cap dipped slightly from $124.6B to $122.7B over the same period.
#TronNetwork #stablecoin
By contrast, Ethereum’s stablecoin cap dipped slightly from $124.6B to $122.7B over the same period.
#TronNetwork #stablecoin
APT Stablecoin supply on Aptos is up from ~$430m to ~$1.13b since the start of the year.
#Aptos #APT #stablecoin
#Aptos #APT #stablecoin
#stablecoin circulating supply has surpassed its early 2022 all time highs, driven primarily by $USDC and $USDT
🏦 JPMorgan analysts have expressed skepticism about projections that the #stablecoin market will exceed $1 trillion in size
Despite progress in the US Senate on the GENIUS bill, they believe current expectations of a 3–4x increase in stablecoin supply over the next year or two are overly optimistic.
They point out that the bill's ban on paying interest on stablecoins will likely limit their growth potential.
According to JPMorgan, compliant issuers — such as banks and fintech firms — stand to benefit, while less compliant issuers like Tether (#USDT ) may be forced to make adjustments.
Despite progress in the US Senate on the GENIUS bill, they believe current expectations of a 3–4x increase in stablecoin supply over the next year or two are overly optimistic.
They point out that the bill's ban on paying interest on stablecoins will likely limit their growth potential.
According to JPMorgan, compliant issuers — such as banks and fintech firms — stand to benefit, while less compliant issuers like Tether (#USDT ) may be forced to make adjustments.
Binance Lists USD1 Stablecoin from World Liberty Financial – A New Regulatory Era Begins?
Binance has officially listed USD1, the stablecoin issued by World Liberty Financial (WLFI). Spot trading begins on May 22 at 12:00 UTC, with withdrawals opening on May 23.
This launch comes just as the U.S. Senate moves forward with the groundbreaking GENIUS bill, which aims to regulate stablecoins. Listing USD1 on Binance is more than a technical move — it signals a shift in the digital financial landscape.
🔹 What Is USD1 – and Why Is Binance Betting on It?
USD1, launched in April 2025, is a fiat-backed digital stablecoin designed to maintain a 1:1 peg to the U.S. dollar and enable frictionless movement between fiat and crypto assets.
🔐 It is fully managed by BitGo Trust Company, a regulated trust entity based in South Dakota, making it one of the most legally robust options on the market.
At launch, USD1 was trading at $1.0018, up 0.09% in the past 24 hours.
💼 Binance Prepares Traders
Users can now deposit USD1 on Binance. Trading will start on May 22, and withdrawals will be open on May 23.
Binance clarified that the withdrawal time is only an estimate, and users should check the platform’s withdrawal page for updates.
Standard trading fees apply, and Binance warned that manipulation, code tampering, or fraudulent activity will result in disqualification of trades or accounts.
🌐 Entering the Stablecoin Arena: Can WLFI Compete with Tether?
USD1 enters a fiercely competitive market — with Tether (USDT) holding over 60% market share. But WLFI comes prepared:
🔹 Strong legal foundation
🔹 Regulatory alignment
🔹 A record-breaking $2 billion investment from Abu Dhabi’s MGX fund, Binance’s largest-ever digital asset investment
📊 Stablecoin Volume Beats Mastercard and Visa
According to Deutsche Bank, stablecoin transactions reached $28 trillion last year, surpassing both Mastercard and Visa combined.
Stablecoins are no longer alternatives — they are fast becoming a foundation for modern finance.
🏛️ GENIUS Bill Clears Senate – Trump’s Team Sees Trillions Coming
The GENIUS bill, which establishes legal clarity for stablecoins, has now passed a key Senate vote — 66 in favor vs. 32 against. Notably, 16 Democrats joined Republicans to support the legislation.
David Sacks, Trump’s lead advisor on crypto and AI, said the U.S. expects this bill to unlock trillions in demand for U.S. Treasuries:
“We already have over $200 billion in stablecoins. With legal clarity, we could unlock trillions of dollars almost overnight,” Sacks stated.
⚠️ Concerns Over Conflicts of Interest: Trump’s Ties to Digital Assets
Some Democrats raised concerns over Trump’s personal involvement with USD1 and his meme coin, arguing it creates unprecedented conflicts of interest.
Nevertheless, the bill passed — and Sacks described GENIUS as not just a crypto law, but a national economic strategy that will deliver faster, cheaper, and smoother payments.
📌 Summary: USD1 Takes Off – and May Reshape the Market
With USD1 now live on Binance and the GENIUS bill advancing through Congress, the crypto world is entering a new era, where stablecoins aren’t just tools — they’re infrastructure.
#USD1 , #stablecoin , #WorldLibertyFinancial , #TRUMP , #Binance
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
This launch comes just as the U.S. Senate moves forward with the groundbreaking GENIUS bill, which aims to regulate stablecoins. Listing USD1 on Binance is more than a technical move — it signals a shift in the digital financial landscape.
🔹 What Is USD1 – and Why Is Binance Betting on It?
USD1, launched in April 2025, is a fiat-backed digital stablecoin designed to maintain a 1:1 peg to the U.S. dollar and enable frictionless movement between fiat and crypto assets.
🔐 It is fully managed by BitGo Trust Company, a regulated trust entity based in South Dakota, making it one of the most legally robust options on the market.
At launch, USD1 was trading at $1.0018, up 0.09% in the past 24 hours.
💼 Binance Prepares Traders
Users can now deposit USD1 on Binance. Trading will start on May 22, and withdrawals will be open on May 23.
Binance clarified that the withdrawal time is only an estimate, and users should check the platform’s withdrawal page for updates.
Standard trading fees apply, and Binance warned that manipulation, code tampering, or fraudulent activity will result in disqualification of trades or accounts.
🌐 Entering the Stablecoin Arena: Can WLFI Compete with Tether?
USD1 enters a fiercely competitive market — with Tether (USDT) holding over 60% market share. But WLFI comes prepared:
🔹 Strong legal foundation
🔹 Regulatory alignment
🔹 A record-breaking $2 billion investment from Abu Dhabi’s MGX fund, Binance’s largest-ever digital asset investment
📊 Stablecoin Volume Beats Mastercard and Visa
According to Deutsche Bank, stablecoin transactions reached $28 trillion last year, surpassing both Mastercard and Visa combined.
Stablecoins are no longer alternatives — they are fast becoming a foundation for modern finance.
🏛️ GENIUS Bill Clears Senate – Trump’s Team Sees Trillions Coming
The GENIUS bill, which establishes legal clarity for stablecoins, has now passed a key Senate vote — 66 in favor vs. 32 against. Notably, 16 Democrats joined Republicans to support the legislation.
David Sacks, Trump’s lead advisor on crypto and AI, said the U.S. expects this bill to unlock trillions in demand for U.S. Treasuries:
“We already have over $200 billion in stablecoins. With legal clarity, we could unlock trillions of dollars almost overnight,” Sacks stated.
⚠️ Concerns Over Conflicts of Interest: Trump’s Ties to Digital Assets
Some Democrats raised concerns over Trump’s personal involvement with USD1 and his meme coin, arguing it creates unprecedented conflicts of interest.
Nevertheless, the bill passed — and Sacks described GENIUS as not just a crypto law, but a national economic strategy that will deliver faster, cheaper, and smoother payments.
📌 Summary: USD1 Takes Off – and May Reshape the Market
With USD1 now live on Binance and the GENIUS bill advancing through Congress, the crypto world is entering a new era, where stablecoins aren’t just tools — they’re infrastructure.
#USD1 , #stablecoin , #WorldLibertyFinancial , #TRUMP , #Binance
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
White House Backs #stablecoin Bill Set to Unlock Trillions
The U.S. is on the verge of a financial shake-up as the GENIUS Act, a new bill aimed at regulating stablecoins, gains strong bipartisan support. Spearheading the push is David Sacks, President Trump’s top crypto and AI advisor, who believes this legislation could unleash trillions in demand for U.S. Treasuries.
“Trillions Overnight”
“We already have over $200 billion in stablecoins — it’s just unregulated,” said Sacks. With proper legal clarity, he believes stablecoins can serve as powerful tools for driving treasury demand and modernizing U.S. payment infrastructure.
The GENIUS Act cleared a key Senate vote, with 15 Democrats joining Republicans to break the filibuster threshold. Final passage now appears within reach.
Red Flags Over Ethics
Despite the bill’s economic promise, concerns persist. Critics warn that President Trump’s personal ventures in crypto, including a meme coin and a family-backed stablecoin (USD1), pose serious conflict-of-interest risks.
Sacks, who sold $200 million in crypto holdings before joining the White House, sidestepped questions about the president’s ongoing financial ties.
Stablecoins: The Future of Payments?
Unlike volatile cryptocurrencies like Bitcoin, stablecoins are pegged to assets like the U.S. dollar, offering more stable value and wider use in transactions. Last year, stablecoin volume surpassed Visa and Mastercard combined, reaching $28 trillion.
Sacks describes the #GENIUSAct as more than crypto legislation — it’s an economic strategy to digitize the dollar and boost U.S. dominance in online finance.
Challenges Ahead
Still, hurdles remain. A controversial rider capping credit card late fees, added by Senator Josh Hawley, could delay passage by upsetting key banking allies.
Thanks for reading!🙏
Please like, share, and follow for more updates on digital finance and policy breakthroughs. 💼📲
The U.S. is on the verge of a financial shake-up as the GENIUS Act, a new bill aimed at regulating stablecoins, gains strong bipartisan support. Spearheading the push is David Sacks, President Trump’s top crypto and AI advisor, who believes this legislation could unleash trillions in demand for U.S. Treasuries.
“Trillions Overnight”
“We already have over $200 billion in stablecoins — it’s just unregulated,” said Sacks. With proper legal clarity, he believes stablecoins can serve as powerful tools for driving treasury demand and modernizing U.S. payment infrastructure.
The GENIUS Act cleared a key Senate vote, with 15 Democrats joining Republicans to break the filibuster threshold. Final passage now appears within reach.
Red Flags Over Ethics
Despite the bill’s economic promise, concerns persist. Critics warn that President Trump’s personal ventures in crypto, including a meme coin and a family-backed stablecoin (USD1), pose serious conflict-of-interest risks.
Sacks, who sold $200 million in crypto holdings before joining the White House, sidestepped questions about the president’s ongoing financial ties.
Stablecoins: The Future of Payments?
Unlike volatile cryptocurrencies like Bitcoin, stablecoins are pegged to assets like the U.S. dollar, offering more stable value and wider use in transactions. Last year, stablecoin volume surpassed Visa and Mastercard combined, reaching $28 trillion.
Sacks describes the #GENIUSAct as more than crypto legislation — it’s an economic strategy to digitize the dollar and boost U.S. dominance in online finance.
Challenges Ahead
Still, hurdles remain. A controversial rider capping credit card late fees, added by Senator Josh Hawley, could delay passage by upsetting key banking allies.
Thanks for reading!🙏
Please like, share, and follow for more updates on digital finance and policy breakthroughs. 💼📲
#stablecoin
major French bank will launch a stablecoin on the Ethereum chain.
SG Forge, a subsidiary of Société Générale, is preparing to launch a "digital dollar" (stablecoin) on the Ethereum exchange. It will be the first stablecoin issued by a real bank.
In the past, stablecoins like USDC and USDT were only issued by fintech companies (Circle, Tether), but this time, a European bank will be directly competing.
According to The Big Whale, the stablecoin will target institutional investors in the European Union, and plans to launch on Ethereum and then expand to other exchanges like Solana.
JPMorgan has issued JPM Coin, but it is for limited use within its system. SG Forge will actually issue it on a public exchange.
In April 2023, SG Forge launched the Euro Stablecoin (EUR CoinVertible - EURCV) on Ethereum. Now, the Dollar Stablecoin will be their second project.
With the dollar stablecoin market cap at nearly $250 billion, and euro stablecoins at just a few million, SG Forge’s entry puts it in direct competition with Circle and Tether, whose advantage is that they are a bank with a legal e-money license under EU law.
In addition to SG Forge, major financial companies such as Stripe, Visa, and MasterCard are also accelerating their efforts in the stablecoin space. Stripe is preparing to acquire a stablecoin platform, while Visa and MasterCard are also developing stablecoin-based payment systems.
$USDC
major French bank will launch a stablecoin on the Ethereum chain.
SG Forge, a subsidiary of Société Générale, is preparing to launch a "digital dollar" (stablecoin) on the Ethereum exchange. It will be the first stablecoin issued by a real bank.
In the past, stablecoins like USDC and USDT were only issued by fintech companies (Circle, Tether), but this time, a European bank will be directly competing.
According to The Big Whale, the stablecoin will target institutional investors in the European Union, and plans to launch on Ethereum and then expand to other exchanges like Solana.
JPMorgan has issued JPM Coin, but it is for limited use within its system. SG Forge will actually issue it on a public exchange.
In April 2023, SG Forge launched the Euro Stablecoin (EUR CoinVertible - EURCV) on Ethereum. Now, the Dollar Stablecoin will be their second project.
With the dollar stablecoin market cap at nearly $250 billion, and euro stablecoins at just a few million, SG Forge’s entry puts it in direct competition with Circle and Tether, whose advantage is that they are a bank with a legal e-money license under EU law.
In addition to SG Forge, major financial companies such as Stripe, Visa, and MasterCard are also accelerating their efforts in the stablecoin space. Stripe is preparing to acquire a stablecoin platform, while Visa and MasterCard are also developing stablecoin-based payment systems.
$USDC
Hong Kong Takes Lead in Crypto Regulation with Stablecoin Bill as US Trails Behind
In a bold move to hold its position as the global crypto hub, Hong Kong has announced the passage of the Stablecoin Bill.
With this move, Hong Kong has overpowered the United States in crypto regulation, as the latter lags behind in stablecoin laws.
Notably, Hong Kong’s move comes amid the uncertainty surrounding the much-hyped GENIUS Act in the US.
Though the Senate advanced the bill, its final passage is still pending.
The Legislative Council of Hong Kong has reportedly passed the third reading of the Stablecoin Bill.
With the bill, the government introduces a licensing regime for fiat-referenced stablecoin issuers in Hong Kong to bolster the city’s virtual asset regulatory framework and promote financial stability and innovation.
As per official statements, institutions will be able to apply to the Hong Kong Monetary Authority for stablecoin issuer licenses by the end of this year.
According to Legislative Council member Ng Kit Chuang, stablecoin regulation is a key priority in Hong Kong’s vision to become an international crypto hub.
Despite President Donald Trump’s pro-crypto measures and the SEC’s renewed approach to the industry, the country fails to lead in regulation.
Over the past few weeks, the community has been eagerly anticipating the passage of the GENIUS Act, a stablecoin bill that is poised to reshape the future of US crypto regulation.
#HongKong #BILL #GENIUSBill #stablecoin
In a bold move to hold its position as the global crypto hub, Hong Kong has announced the passage of the Stablecoin Bill.
With this move, Hong Kong has overpowered the United States in crypto regulation, as the latter lags behind in stablecoin laws.
Notably, Hong Kong’s move comes amid the uncertainty surrounding the much-hyped GENIUS Act in the US.
Though the Senate advanced the bill, its final passage is still pending.
The Legislative Council of Hong Kong has reportedly passed the third reading of the Stablecoin Bill.
With the bill, the government introduces a licensing regime for fiat-referenced stablecoin issuers in Hong Kong to bolster the city’s virtual asset regulatory framework and promote financial stability and innovation.
As per official statements, institutions will be able to apply to the Hong Kong Monetary Authority for stablecoin issuer licenses by the end of this year.
According to Legislative Council member Ng Kit Chuang, stablecoin regulation is a key priority in Hong Kong’s vision to become an international crypto hub.
Despite President Donald Trump’s pro-crypto measures and the SEC’s renewed approach to the industry, the country fails to lead in regulation.
Over the past few weeks, the community has been eagerly anticipating the passage of the GENIUS Act, a stablecoin bill that is poised to reshape the future of US crypto regulation.
#HongKong #BILL #GENIUSBill #stablecoin
USUAL: The Stablecoin Revolution! 💸
🔮 Redefining stablecoins with community power! 📈
💫 Fun fact: USUAL is backed by real-world assets like USD Treasury bills, ensuring stability and transparency! 🚀
✨ USUAL strengths:
🏦 RWA-backed stability
🌍 High-yield opportunities
🤝 Community-driven governance
🌟 Empowering wealth creation! 💎
🌊Dive into the secrets of the crypto world and learn about: $USUAL
🚨Bonus tip: If you believe in this project, the best time to invest is NOW!💫
If you liked it ☺️, support the project! 👍🏻 Like & Share! 📣 Comment how far you think $USUAL can reach? 🚀
🧙♂️I’m GrayHoood, your daily oracle of crypto wisdom.🔮 Follow me and stay tuned! 🤝🏻
DYOR! Stay curious! and keep investing wisely!🦅✨
#USUAL #Stablecoin #crypto @usualmoney @binance
🔮 Redefining stablecoins with community power! 📈
💫 Fun fact: USUAL is backed by real-world assets like USD Treasury bills, ensuring stability and transparency! 🚀
✨ USUAL strengths:
🏦 RWA-backed stability
🌍 High-yield opportunities
🤝 Community-driven governance
🌟 Empowering wealth creation! 💎
🌊Dive into the secrets of the crypto world and learn about: $USUAL
🚨Bonus tip: If you believe in this project, the best time to invest is NOW!💫
If you liked it ☺️, support the project! 👍🏻 Like & Share! 📣 Comment how far you think $USUAL can reach? 🚀
🧙♂️I’m GrayHoood, your daily oracle of crypto wisdom.🔮 Follow me and stay tuned! 🤝🏻
DYOR! Stay curious! and keep investing wisely!🦅✨
#USUAL #Stablecoin #crypto @usualmoney @binance
🎯LATEST: The #XRP Ledger has launched its first 🇪🇺MiCA-regulated euro stablecoin, EURØP, unlocking institutional-grade euro payments, #stablecoin utility, and real-world asset tokenization.
#TrumpTariffs #MarketPullback #ETHMarketWatch
$XRP
#TrumpTariffs #MarketPullback #ETHMarketWatch
$XRP
JUST IN: U.S. Banking Giants Eye Crypto Stablecoin Collaboration!
🇺🇸💰 JPMorgan, Bank of America, Wells Fargo & Citigroup team up on blockchain!
In a game-changing move, major U.S. banks—including JPMorgan, Bank of America, Citigroup, and Wells Fargo—are reportedly exploring the launch of a joint stablecoin.
What’s Cooking? 🍲
These banks, through platforms like Zelle (Early Warning Services) and The Clearing House, are working on a USD-backed stablecoin that could revolutionize cross-border payments and digital finance.
Stable, Secure & Blockchain-Ready 🔗✅
Backed 1:1 with cash or U.S. Treasuries
Designed to speed up settlements and global transfers
Open to other banks, not just the big four
Why Now? 🕒
With growing crypto adoption and pro-crypto vibes from U.S. regulators, the timing couldn’t be better. Trump’s recent pro-crypto stance is also lighting a fire under institutional interest.
The Bigger Picture 🌍
This isn’t JPMorgan’s first dance—they’ve got JPM Coin, and Citigroup is cooking up Citi Token Services too. This potential joint stablecoin could be a major milestone in merging TradFi with DeFi.
Bullish or Bearish on Bank-backed stablecoins? 📈📉
Drop your thoughts in the comments!
#CryptoNews #Stablecoin #JPMorgan #Citibank #WellsFargo
🇺🇸💰 JPMorgan, Bank of America, Wells Fargo & Citigroup team up on blockchain!
In a game-changing move, major U.S. banks—including JPMorgan, Bank of America, Citigroup, and Wells Fargo—are reportedly exploring the launch of a joint stablecoin.
What’s Cooking? 🍲
These banks, through platforms like Zelle (Early Warning Services) and The Clearing House, are working on a USD-backed stablecoin that could revolutionize cross-border payments and digital finance.
Stable, Secure & Blockchain-Ready 🔗✅
Backed 1:1 with cash or U.S. Treasuries
Designed to speed up settlements and global transfers
Open to other banks, not just the big four
Why Now? 🕒
With growing crypto adoption and pro-crypto vibes from U.S. regulators, the timing couldn’t be better. Trump’s recent pro-crypto stance is also lighting a fire under institutional interest.
The Bigger Picture 🌍
This isn’t JPMorgan’s first dance—they’ve got JPM Coin, and Citigroup is cooking up Citi Token Services too. This potential joint stablecoin could be a major milestone in merging TradFi with DeFi.
Bullish or Bearish on Bank-backed stablecoins? 📈📉
Drop your thoughts in the comments!
#CryptoNews #Stablecoin #JPMorgan #Citibank #WellsFargo
JUST IN : 🏦 JPM, BofA, Citi, and Wells Fargo are exploring a joint #Stablecoin venture.
🔥#NEWS | 💰#CRYPTO
🔥#NEWS | 💰#CRYPTO
💥BREAKING:
🇺🇸 JPMORGAN, BANK OF AMERICA, WELLS FARGO, CITIGROUP AND OTHER MAJOR US BANKS EXPLORE CREATING A JOINT CRYPTO STABLECOIN.
#breakingnews #CryptoNews #Stablecoin #USBanks #JPMorgan
🇺🇸 JPMORGAN, BANK OF AMERICA, WELLS FARGO, CITIGROUP AND OTHER MAJOR US BANKS EXPLORE CREATING A JOINT CRYPTO STABLECOIN.
#breakingnews #CryptoNews #Stablecoin #USBanks #JPMorgan
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα