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The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.
The U.S. Senate's passage of the GENIUS Act propelled Coinbase and Circle shares upwards, boosting stablecoin legitimacy.
The bill reads more like a wish list from crypto lobbyists than a serious attempt at oversight. It would create a framework without teeth, with no real limits on who could issue stablecoins and no ...
Dogecoin (DOGE)’s recent 6% surge made waves across social media, but the rally was short-lived. Within days, gains evaporated—reminding crypto investors once again of the volatility tied to ...
Circle shares surged 33% as Donald Trump urged lawmakers for “lightning fast” approval of the GENIUS stablecoin bill.
Chainlink price trended positive on Thursday as most altcoins bled, with LINK price up amid optimism around the GENIUS Act ...
US President Donald Trump urged the swift passage of the GENIUS Stablecoin Act after Senate approval with a 68-30 vote.
Both Bitcoin and XRP could be good long-term investments. Bitcoin's value proposition is that it can't be printed and it's ...
Treasury Secretary Bessent declares crypto reinforces dollar supremacy as Trump demands swift GENIUS Act passage following ...
Coinbase announced a Shopify integration enabling global merchants to accept gasless USDC stablecoin payments via Base Layer ...
US Senate passed the GENIUS Act with a decisive 68-30 vote this week. Here's why the bill poses a threat to the likes of Visa ...
Bessent framed stablecoins as a strategic asset for U.S. influence, as lawmakers weigh whether politics will stall key ...