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Card Networks See Opportunity in Stablecoins as Trump Signs GENIUS Act
The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, including credit cards. But the largest card networks in the U.S., Mastercard and Visa, see stablecoins as a means of growth in the payment arena.
Trump signs first-ever stablecoin bill into law, paving the way for digital assets in 401(k)s
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which establishes federal guardrails for digital assets pegged to the U.S. dollar, lessening restrictions for crypto to be included in 401(k) plans.
Digital dollar issuers like $55 bln Circle hope to bypass traditional lenders by getting their own bank licenses. An even bigger prize would be an account with the Federal Reserve itself. That would ...
Critics say President Donald Trump is working to change the conversation from the Jeffrey Epstein files as the administration ...
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