Reported 2 days ago
As the lines blur between traditional and decentralized finance, stablecoins have emerged as a pivotal asset, gaining attention from both financial giants and retailers. With regulations tightening under the Biden administration and shifting again under Trump, banks like Bank of America and Citigroup are exploring stablecoin options to facilitate faster transactions while major retailers like Amazon aim to slash transaction fees. The passage of the GENIUS Act opens the door for more stablecoins, heralding a digital payment revolution, yet regulatory uncertainties surrounding tokenized assets linger.
Source: YAHOO