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Card Networks See Opportunity in Stablecoins as Trump Signs GENIUS Act
The GENIUS Act enhances the legitimacy of stablecoins, which could introduce threats to traditional payment methods, including credit cards. But the largest card networks in the U.S., Mastercard and Visa, see stablecoins as a means of growth in the payment arena.
Dollar-backed stablecoins could set up another showdown between the Federal Reserve and Donald Trump’s administration. Firms ...
Critics say President Donald Trump is working to change the conversation from the Jeffrey Epstein files as the administration ...
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