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Ripple, Circle, and BitGo are pursuing U.S. trust bank licenses amid regulatory shifts, as stablecoin bills like the Genius Act push crypto closer to traditional finance. Kraken eyes a debit card, while Robinhood and Revolut expand banking services.

Ripple, Circle, and BitGo are pursuing U.S. trust bank licenses amid regulatory shifts, as stablecoin bills like the Genius Act push crypto closer to traditional finance. Kraken eyes a debit card, while Robinhood and Revolut expand banking services.
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More on GENIUS Act

GENIUS Act Unlocks Stablecoin Rules: 1:1 Reserves, Issuance Limits Explained

GENIUS Act Unlocks Stablecoin Rules: 1:1 Reserves, Issuance Limits Explained

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U.S. Treasury charts 60-day comment course on GENIUS Act stablecoin regulations

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U.S. Treasury proposes first GENIUS Act rule, seeking public input on allowing smaller stablecoin issuers to operate under state-level oversight frameworks

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The Block ·

Treasury proposes GENIUS Act rules, seeks input on risks of lax state oversight for smaller stablecoin issuers

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A number worth paying attention to: ~$316B. That's the current stablecoin supply, and it's growing on its own fundamentals, not just crypto sentiment. What's driving it: → Real yield opportunities → Payments infrastructure → Institutional adoption post-GENIUS Act More from

A number worth paying attention to: ~$316B. That's the current stablecoin supply, and it's growing on its own fundamentals, not just crypto sentiment. What's driving it: → Real yield opportunities → Payments infrastructure → Institutional adoption post-GENIUS Act More from

𝕏/@_RichardTeng ·

Fed's Barr compares stablecoins to 1800s bank notes that 'traded below par,' urges strict GENIUS Act oversight

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federalreserve.gov ·

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