Kristin Smith, Solana Policy Institute president, joins 'Fast Money' to talk the latest movement on the three crypto bills that passed the house today and what it means for the crypto industry.

Banks are gearing up to take on payments competition from stablecoins, which could increase after Congress passed the Genius Act.

La Cámara de Representantes estadounidense aprobó el jueves tres proyectos de ley destinados a impulsar la legitimidad

Ideas for how to squeeze the country’s interest bill, ideally without cutting spending or raising taxes, are thus at a premium. One has recently raised the hopes of Mr Bessent. Could stablecoins—cryptocurrency tokens backed by safe assets such as short-term Treasury bonds—drive up demand for American debt, and pull down borrowing costs?

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.

Born out of necessity, stablecoins were the first widely adopted tokenized assets. At a time when blockchains lacked a digital equivalent of fiat money, private players stepped in

Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal threat to the U.S. deposit market.

Ether ( ETH) has surged 23% over the last week, outpacing Bitcoin’s 13% gain and the broader crypto market’s 10%. Yet at $3,400, ETH still trades well below its all-time high of $4,855 set in November 2021. While Bitcoin has entered price discovery, Ethereum appears to have far more room to run, if the right narratives take hold.

Some large U.S. lenders, including Bank of America and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations. BofA CEO Brian Moynihan said on Wednesday the bank is working on launching a stablecoin,

DeFi was created to bypass reliance on intermediaries, but now it depends on centrally issued stablecoins, raising questions about control and resilience.

With Amazon and Walmart looking to launch their own stablecoins, it seems likely these digital currencies are here to stay.