Stablecoins
China is exploring yuan-backed stablecoins to internationalize its currency, marking a significant shift from its past crypto policies. The plan focuses on regulatory frameworks and deployment in major cities like Hong Kong and Shanghai, aiming for low-cost global transactions amid rising geopolitical and economic challenges.
Expert Fabian Dori shares insights on the impact of the GENIUS Act on stablecoins, institutional adoption, and global crypto regulations. Discover how these changes could shape the crypto landscape and the opportunities platforms like Bitlet.app offer through innovative payment options like crypto installments.
The ECB warns about U.S. dollar-backed stablecoins dominating the eurozone and promotes euro-based alternatives. Meanwhile, PayPal launches global crypto payments, Ethereum marks 10 years with strong gains, and BNB hits a new all-time high. Discover more trends and insights in crypto today.
The GENIUS Act, the first U.S. blockchain regulation law, provides legal clarity for dollar-backed stablecoins, promising wider adoption and benefits such as higher savings yields and faster business payments. While new risks emerge, major corporations are exploring stablecoin uses. Alongside related legislation and market trends, the crypto landscape is evolving significantly. Platforms like Bitlet.app offer innovative options like Crypto Installment services to capitalize on these changes.
PNC Bank teams up with Coinbase to allow customers to buy, hold, and sell cryptocurrencies directly within the bank's platform, marking a major step in mainstream financial adoption of digital assets. This partnership also comes amid favorable regulatory changes promoting crypto innovation.
On July 17, 2025, the U.S. House of Representatives approved the GENIUS Act, a significant step toward regulating U.S.-dollar-pegged stablecoins. Expected to be signed into law, the Act expands the CFTC's oversight of crypto markets, marking a new era in crypto regulation.
JPMorgan Chase is planning to offer loans backed by cryptocurrencies like Bitcoin and Ethereum possibly by 2026, joining other major banks embracing digital assets. This move reflects growing adoption of crypto-friendly financial products supported by evolving regulations.
The signing of the GENIUS Act by President Trump has sparked a surge in crypto-linked stocks and driven Ethereum and Bitcoin prices higher. The new regulation on stablecoins fosters a safer environment, encouraging investors to explore decentralized finance options and pushing the crypto market cap to $4 trillion.
The U.S. House of Representatives has passed the GENIUS Act, paving the way for stronger regulation of U.S.-dollar-pegged stablecoins. This move is expected to enhance transparency and institutional trust in digital assets, signaling a positive outlook for the crypto industry.
The cryptocurrency market reached a historic $4 trillion valuation in July 2025, driven by strong institutional investments, new U.S. regulations on stablecoins, and corporate adoption. Bitcoin soared above $120,000, while Ether doubled in value over three months. The groundbreaking "Genius Act" legislation paves the way for broader crypto integration in global finance.