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Stablecoins used for payment would be a monumental shift in commerce.
U.S. President Donald Trump holds the signed “Genius Act”, which will develop regulatory framework for stablecoin ...
According to The Wall Street Journal, two of the world’s largest retailers, Amazon and Walmart, are considering moving into ...
Financial companies from Bank of America to Fiserv are preparing to launch their own dollar-backed crypto tokens now that a ...
Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US ...
With the U.S. President signing the GENIUS Act, companies like Bank of America and Walmart are exploring dollar-backed ...
Stablecoins could give Amazon and Walmart more control over almost all areas of payments and even the data it can get from you. Some credit card processors, for example, may charge chargeback fees.
That's because the law would allow more issuers to mint their own stablecoins. In June, The Wall Street Journal reported that Amazon and Walmart were considering issuing stablecoins. Market experts ...
The GENIUS Act aims to regulate U.S.-dollar stablecoins, which could change the landscape of digital payments.
Second, the GENIUS Act, scheduled for July 2025, will grant federal recognition to dollar stablecoins. This isn’t dry legislation, it’s the green light for mass adoption. Industry giants like Amazon ...
Bank executives overwhelmingly worry that large corporations like Amazon and Walmart will bypass new prohibitions on interest-paying stablecoins under the recently enacted GENIUS Act, according to a ...
Stablecoins have the potential to disrupt existing industries and change the way investors value companies. Passage of landmark new crypto legislation (the Genius Act) has led to a surge of positive ...