📰 NARRATIVE OF THE WEEK.
💵 Stablecoins Are Going Mainstream – Wall Street & Retail Are All In
Stablecoins just took a giant leap toward mass adoption. With the GENIUS Act officially passed in the U.S. Senate, institutions and global retailers are lining up to ride the blockchain rails.
🏦 JP Morgan dropped a bombshell with the launch of JPMD, a USD-based deposit token built on Base L2, enabling institutional clients to move money securely — 24/7.
🛒 China’s e-commerce giant JD is pushing global, filing for stablecoin licenses to slash cross-border transaction costs and speed up settlements.
📈 GENIUS Act impact:
U.S. Treasury Secretary Scott Bessent predicts the stablecoin market could hit $3.7T by 2030, thanks to growing interest from both traditional finance and the real economy.
🧾 Even retail titans like Amazon, Walmart, and JD are exploring stablecoin payments to cut down processing fees.
Stablecoins aren’t just for DeFi anymore — they’re becoming the financial rails of the future.