Yeah, it's a great day for the American people because we are going to provide regulatory and legislative clear clarity to the use of stable coins for modernizing the payment system. You know, as we identify new ways to use technology, we can more quickly, more cheaply, and more securely facilitate payment around the world. And so what this is going to do is it's going to even further cement the dollar as the world's reserve currency because by making it easier for people trading internationally for imports ...

investment made sense. >> Bitcoin hitting a record high this week as a number of regulatory bills moved through the House. One bill, the Genius Act, would regulate stablecoins.It's expected to be signed by the president today. Joining us now is Deputy Treasury Secretary Michael Faulkender. It's great to have you on.Beyond adding legitimacy to crypto and safety to crypto. What do you think this bill allows for when it comes to the system. >> Great to be with you.Yeah, it's a great day for the American people ...

Market Trends - Crypto markets are showing clear segmentation, indicating a deeper adoption cycle is beginning [1] - Treasury buyers are focusing on Bitcoin (BTC) [1] - Corporate Bitcoin holdings have surpassed 159,000 BTC this quarter [1] Payment Systems - Payment and settlement systems are primarily being built on stablecoins across 30+ chains [1] Trading Activity - Trading desks are accumulating Ethereum (ETH) [1] - Spot ETH flows reached $214 million today [1]

From butcher stalls to fintech startups, Colombia’s new payment system is revolutionizing how the country handles money https://t.co/KFNko0a6tb ...

From butcher stalls to fintech startups, Colombia’s new payment system is revolutionizing how the country handles money https://t.co/Rz3zt8BZko ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: People sit in front of an Apple Store in Duesseldorf, Germany, Monday, April 7, 2025. Credit: AP Photo/Martin Meissner, File Apple users are starting to get ways out of the iPhone maker's so-called "walled garden." For years, the company blocked app developers from informing people about how to pay for a subscription or servic ...

Core Insights - Wellgistics Health, Inc. is launching an initiative to utilize XRP as a treasury reserve and real-time payments infrastructure, aiming to be among the first publicly traded healthcare companies to do so [1][3] - The initiative is backed by a $50 million Equity Line of Credit (ELOC) to enhance liquidity and financial infrastructure within its healthcare network [2] Company Strategy - The company aims to disrupt traditional healthcare systems by connecting manufacturers directly to pharmacies and patients, thereby increasing speed, liquidity, and transparency [3] - Wellgistics Health believes that the future of healthcare will favor companies with efficient platforms rather than those with large physical infrastructures [3] XRP Integration Benefits - The integration of XRP is expected to facilitate faster vendor payments, performance-based rebates, and liquidity tools for pharmacies and manufacturers [4] - XRP transactions settle in 3-5 seconds, significantly faster than traditional methods, and cost less than $0.0002 per transfer, compared to $10-$30 for standard bank wires [7] Market Trends - XRP is gaining traction among global institutions, with CME Group set to launch cash-settled XRP futures in May 2025 to meet institutional demand [6] - Mastercard has identified XRP as a bridge currency for cross-border payments, highlighting its efficiency and cost-effectiveness [7] Company Overview - Wellgistics Health operates across pharmaceutical distribution, prescription technology, and clinical fulfillment, connecting over 150 manufacturers to more than 6,000 independent pharmacies [9] - The company provides real-time prescription hub services and aims to eliminate friction in the supply chain, enhancing reimbursement processes and creating transparent pathways [10]