RT Alvin Kan (@alvin_kan)Sharing more thoughts around @BitgetWallet here after reading the post by @Defi_Warhol.(This post might be a little long.)Firstly, good to see data showing Bitget Wallet at #3 spot in terms of weekly txns and users.Data shows we have 95k card txns and 14k card users in the past week alone. Not bad for a start, but only a tiny fraction of where we're aiming for.You'll notice however that we aren't in the top spot for vol. Truth is that a big proportion of our users are not whales but ...

Core Insights - The U.S. dollar index (DXY) is struggling to surpass 100 points, but the Trump administration believes global demand for the dollar will grow, with hopes pinned on the GENIUS Act focused on regulating stablecoins [1][2] Group 1: Stablecoin Regulation - The GENIUS Act, signed into law in July 2025, aims to regulate stablecoins pegged to the U.S. dollar, requiring issuers to back stablecoins with dollar reserves made of high-quality liquid assets like U.S. Treasury bills [1][2] - Leading stablecoin issuers, Tether and Circle, are among the largest holders of U.S. Treasury bills, indicating their compliance with the GENIUS Act [2] Group 2: Legislative Challenges - USD-pegged stablecoins face challenges from the CLARITY Act, which restricts crypto platforms from offering rewards to stablecoin holders, preventing them from providing unregulated bank deposits [3][4] - Banks are concerned that customers may transfer deposits to crypto platforms for higher rewards, leading to accusations of anti-competitive behavior against banks by the crypto industry [4] Group 3: Market Implications - Patrick Witt, an advisor at the White House, stated that stablecoins compliant with the GENIUS Act will lead to deposit inflows, as global demand for the U.S. dollar encourages foreigners to exchange local currencies for stablecoins from U.S.-based issuers [5]

The crypto wave has come to Phuket and Bali, writes @andymukherjee70. Now, the liquidity of digital dollars can’t be kept out of traditional payment systems (via @opinion) https://t.co/sCOHog29FF ...

Zack Witkoff, Avery Ching and Reeve Collins deep dive into how stablecoins and next-generation digital dollars move from early adoption to global, real-world scale, moderated by David Wachsman. ...

“Where do stablecoins fit into the future of finance?” – @SaraEisen@jerallaire describes a world where fully reserved digital dollars and euros move at the speed of the internet, frictionless, programmable, and open to everyone. https://t.co/hb3PgjWa9l ...

The GENIUS Act is a momentous turning point for the future of digital dollars.Our response to @USTreasury’s request for public comment on this historic law’s implementation outlines recommendations to deliver a uniform, prudentially sound framework for U.S. dollar payment stablecoins.Read a summary of our response.https://t.co/mqSgOyFkao ...

What does the GENIUS Act unlock for the future of digital dollars?Hear insights from @ddisparte, who joined the Hutchins Center on Fiscal and Monetary Policy at @BrookingsInst, where experts explored how the U.S. is turning the new stablecoin law into real-world progress.https://t.co/2VqTsag2gL ...

Anchorage Digital Bank, the only crypto-native firm with a federal US banking charter, plans to more than double the size of its stablecoin team over the next year, as a boom in digital dollars and new legislation prompts a rush for talent and products https://t.co/HpT47pCN0K ...

PayPal built one of the first global digital payment networks.With PYUSD0 on Avalanche, that same brand of trusted digital dollars can now move seamlessly across borders, apps, and users, without relying on banks. ...

New Venture - Kaio 创始人 Avtar Sehra 和 Tether 联合创始人 Reeve Collins 合作成立 STBL 公司，专注于符合 GENIUS 法案的数字美元 [1] Focus Area - STBL 专注于符合 GENIUS 法案的数字美元 [1]