Senate Bill for Stablecoin Regulation and U.S. Dollar Dominance

Senate Majority Leader John Thune expedited stablecoin legislation sponsored by Sen. Bill Hagerty to establish a regulatory framework for stablecoins and promote U.S. dollar dominance. The bill is supported by key Senate Banking Committee members and aims to modernize the payments system.

Trump Family's Venture into Cryptocurrency

Eric Trump discusses the Trump family's move into cryptocurrency, launching meme coins and a U.S. dollar-backed stablecoin. He emphasizes the need for a regulatory framework that allows crypto to thrive in the U.S.

Stablecoin Transaction Volumes and Adoption Challenges

More than 90% of stablecoin transaction volumes are not from genuine users, challenging the idea that stablecoins are ready to revolutionize the payment industry. Visa's data suggests that stablecoins are still in a nascent stage and need improvement to become widely accepted.