COIN on an absolute tear now.Circle to Coinbase rotation in full effect. https://t.co/YEoHMRTNJFAndy (@ayyyeandy):Wow.The best performing stock on the market right now by a long shot. Wall Street is waking up to stablecoins. https://t.co/SJhcU8clDw ...

@samkazemian Linking Sam's post for context: https://t.co/sK3MZwN5GYsam.frax (@samkazemian):1/ With RWAs & regulated stablecoins one of the fastest growing sectors in crypto, does it actually matter if a stablecoin/RWA is issued or settled on Ethereum? I don't think it does once the asset is issued natively anywhere else but on ETH L1. Let me explain why🧵 ...

morning. Bitcoin all the way back to over 107,000. Meanwhile the Senate Subcommittee on Digital Assets is working on new legislation that would provide a legal framework for crypto, a separate from the House's version of a similar bill.And joining us now, Republican Senator Cynthia Lummis. She chairs the Subcommittee on Digital Assets. And welcome, Senator.It's good to see you. As always. Tell us about legislation that once and for all, what it would be, crypto would be under the auspices of the SEC, not th ...

All right. Did the world change for you on June 13th. Uh, when the Wall Street Journal wrote, "A move to launch crypto-based payments by Walmart or Amazon that bypasses the traditional payment system would send shivers through the nation's banks and card network giants. Are you shivering?" No.The world didn't change for us at all on that day. We've been embracing and building for years preparing for this moment. The Genius Act has now passed the Senate as you know and is expected to pass the House.I think t ...

Market Trends & Regulatory Landscape - The passage of the Genius Act in the Senate has opened the door for retailers, banks, and payment companies to issue their own stablecoins, potentially impacting traditional payment systems [1][3] - Visa views the Genius Act as providing regulatory clarity to stablecoins and has been preparing for this development for years [3] Visa's Strategy & Innovation - Visa is embracing stablecoins by enabling the issuance of Visa credentials on top of them and modernizing its settlement infrastructure [3] - Visa emphasizes the importance of trust, ease of use, and scale in payments, highlighting its global reach with close to 5 billion Visa credentials, 14 billion Visa tokens, and 150 million merchants [6] - Visa positions itself as a key partner for fintech companies, enabling them to scale their businesses globally through the Visa ecosystem [9][10] Stablecoin Opportunities & Use Cases - Visa identifies three key areas for stablecoin product market fit: capital markets (crypto trading), countries with high currency volatility or controls, and cross-border transactions (remittances, B2B) [11][12][13] - The most promising product market fit for stablecoins is seen outside the US, particularly in countries with currency volatility or controls, offering access to US dollars [12][14] - Visa plans to provide Visa credentials on top of stablecoins to facilitate spending in countries with currency volatility or for cross-border transactions [12][13] Competitive Landscape & Potential Threats - Despite concerns about new entrants like "buy now, pay later" services, Block, PayPal, and potential stablecoins from Walmart or Amazon, Visa believes its established infrastructure and partnerships provide a strong competitive advantage [8][15] - Visa acknowledges that stablecoins are essentially digital dollars and are already integrated into platforms like Walmart and Amazon [15][16]

RT ARK Funds (@ARK_Funds)Unlike the internet’s evolution in information exchange, money still moves via dated systems. We believe stablecoins can unlock a faster, cheaper, more transparent financial future. @LorenzoARK covers Circle (held in ARK funds) in our June webinar.Funds: https://t.co/lbrIO9cyqQ ...

Circle Internet Group shares are up 8% in premarket trading Friday, extending gains they have made since the Senate passed the GENIUS Act to establish a federal framework around the use of stablecoins. https://t.co/58Mdih3gpx ...

the first legislative win for the crypto industry, the Genius Act passing in the Senate earlier this week. The bill establishing a federal framework for stable coins and now going to face a vote in the House. Joining us right now is Paulo Arduino.He's the CEO of blockchain platform Tether. Good morning to you. Uh a big move uh in terms of the the sort of next stage of uh of of where you think stable coins go, but there does seem to be some kind of fight taking place in the House over all of this.How involve ...

Coinbase shares soared this week after the Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes the use of stablecoins. Monitor these crucial chart levels. https://t.co/2qEcGv2eJa ...

Circle Internet Group shares surged Wednesday, a day after the Senate passed a bill that would set up federal boundaries for the use of stablecoins. https://t.co/sXj3livFT6 ...