Trump family cuts stake in World Liberty Financial by 20%
Reduction of Trump family stake in World Liberty Financial stirs debate over financial entanglements.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Besides CRCL, Coinbase and Robinhood shares also climbed on the GENIUS Act progressing in the Congress.
The BitMEX co-founder argued in a recent post that the stablecoin game is locked by new and old consolidated players.
Innovative collateral use in derivatives markets gains regulatory nod, enhancing risk management and capital yield.
Stablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks.
Senate's approval of the GENIUS Act could position stablecoin issuers as leading holders of US Treasuries by 2030.
The JPMD, registered on June 16, represents a claim on deposits held at the bank and differs from stablecoins that rely on segregated securities reserves.