June 4, 2025

Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry

1 min read

America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National Innovation for U.S. Stablecoins Act—aptly dubbed the GENIUS Act—clear the Senate and land

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Source: Bitcoin.com

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