Trump's crypto project promises to bolster US financial dominance with dollar-pegged stablecoins and DeFi: 'We know the magnitude of what we're building…'

Trump's crypto project promises to bolster US financial dominance with dollar-pegged stablecoins and DeFi: 'We know the magnitude of what we're building...'

Former president From Donald Trump upcoming cryptocurrency project, Global financial freedom, He expressed his commitment to promoting the mass adoption of dollar-pegged stablecoins to defend US financial supremacy. What happened:On Wednesday, the team behind the highly anticipated decentralized finance (DeFi) initiative outlined its mission to make U.S. dollar cryptocurrency derivatives …

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Jeremy Allaire, CEO of Circle, bets big on Bitcoin and Stablecoins: “I am more optimistic than ever about cryptocurrencies”

Jeremy Allaire, CEO of Circle, bets big on Bitcoin and Stablecoins: "I am more optimistic than ever about cryptocurrencies"

Jeremy AllaireCEO of stablecoin issuer Circle, expressed greater optimism about the current state of cryptocurrencies and expected significant advancements over the next decade. What happened: In a lengthy post on Wednesday The technologist described how sentiment around cryptocurrencies, especially bitcoin BTC/USD changed drastically in the last 10 years. Blockchain technologies, …

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JPMorgan: US Crypto Regulations Signal Opposition to Non-Compliant CBDCs and Stablecoins – JPMorgan Chase (NYSE:JPM)

JPMorgan: US Crypto Regulations Signal Opposition to Non-Compliant CBDCs and Stablecoins - JPMorgan Chase (NYSE:JPM)

A recent report from JPMorgan JPM casts doubt on the immediate future of cryptocurrency regulation in the United States. What happened: The bank's analysts, led by Nikolaos Panigirtzogloufound that a growing number of regulatory initiatives were emerging, but found several key points of contention. First, it appears that regulators may …

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