Definition of Payment Stablecoin; Prohibition on Interest Payments Both the GENIUS Act and the STABLE Act would define a payment stablecoin as a digital asset that is designed to be used as a means of payment or settlement where the issuer is either obligated to convert, redeem or repurchase the digital asset for a fixed […]
...America’s total goods trade with China was estimated at $582.4 billion in 2024. US goods exports to China in 2024 were $143.5 billion, down 2.9 per cent ($4.2 billion) from 2023 while US goods imports from China in 2024 totaled $438.9 billion, up 2.8 per cent ($12.1 billion) from 2023. That left the US running […]
...Outside of the arena of speculation, stablecoins play an essential role in the cryptocurrency market by providing a reliable medium of exchange, a store of value, and a bridge between TradFi and crypto. As a critical liquidity provider, stablecoins underpin much of the activity within decentralized finance (DeFi), centralized exchanges (CEXs), and cross-border payments. The […]
...One of the most important discussions connected to tokenized assets and especially stablecoins is something that is outside of the crypto; how can the United States take effective action to maintain the reserve currency status of the U.S. dollar? The dollar has faced challenges to its geo-political dominance in the past, but few instances of […]
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