WE-LaunchMastercard exec: GENIUS Act marks a “turning point” for stablecoin adoption
Odaily News Jesse McWaters, global policy director at Mastercard, said the GENIUS Act marks a turning point for the mainstream adoption of stablecoins, which is expected to drive institutional entry and promote the development of compliant stablecoins. He believes that the bill has ushered in a new era of regulatory clarity and confidence in digital assets, allowing regulated institutions to issue stablecoins backed by the U.S. dollar. Several institutions, including JPMorgan Chase, Citi, Bank of America, Amazon and Apple, are already advancing related plans. McWaters added: Mastercard has been preparing for this moment for a long time. (DLNews)
You may also like
WEEX 2025 Global Offline Events Hub
From the vibrant streets of Hong Kong to the sunlit shores of Lisbon, 2025 marks a defining year for WEEX on the global stage.
WEEX Steals the Show at BlockchainRIO 2025: First LATAM Appearance Unlocks Brazil’s Crypto Potential
In 2025, WEEX lit up Latin America with its debut at BlockchainRIO as Platinum Sponsor. With bold vision and unstoppable momentum, the rising exchange made waves across the region’s crypto scene.
Ripple Rolls Out Cross-Border Blockchain Payments in the UAE
Imagine sending money across borders as effortlessly as texting a friend—quick, cheap, and crystal clear. That’s the promise…
Ziglu Crypto Collapse: $2.7M Shortfall Threatens Thousands of Savers in 2025
Imagine pouring your hard-earned savings into a promising crypto platform, only to watch it crumble, leaving you locked…
Czech National Bank Bolsters Portfolio with Coinbase Entry and Palantir Expansion in 2025
Imagine a central bank dipping its toes into the buzzing world of cryptocurrency while doubling down on a…
Gainers
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App