The Trump Administration is working towards integrating cryptocurrency and traditional banking to position the U.S. As a Bitcoin leader. Circle and BitGo aim for banking charters to broaden operations, reflecting a drive to deepen digital asset ties to finance.
Congress is crafting legislation on stablecoins, introducing licensing for issuers. This regulatory clarity is expected to stabilize markets and improve transactions involving stablecoins like USD Coin (USDC), which is currently valued at 1.00 USD.
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