Crypto News
Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall Street Journal. These corporate digital tokens, pegged to the U.S. dollar or other government-backed currencies, could dramatically reduce merchant fees and speed up payment settlements, disrupting the dominance of traditional financial institutions.The move is contingent on the passage of the Genius Act, a proposed regulatory framework for stablecoins that recently passed a key procedural step in Congress. If passed, it could pave the way for large companies to adopt or issue stablecoins as an alternative to existing payment rails.Read more: Senate Begins Passage of Stablecoin Bill as House Marks Market-Structure WinsBoth companies are still in early stages, exploring...
Obama Campaign Strategist David Plouffe Joins Coinbase Advisory Council
The political mastermind joins Trump's ex-campaign manager at Coinbase as the crypto firm deepens its bipartisan strategy.Source link
Best Bitcoin Exchanges in June 2025
Looking to enter the world of cryptocurrency trading or diversify your holdings? This 2025 guide spotlights the best crypto exchanges that deliver top-tier security, advanced trading tools, and seamless crypto integration. Whether you’re just starting out or an experienced trader, this list of trusted platforms offers something for everyone. Why Use a Bitcoin & CryptoSource link
XRP Could Capture 14% of SWIFT’s Global Volume, Ripple CEO Says
SINGAPORE — Ripple CEO Brad Garlinghouse is betting big on XRP’s XRP role in the future of cross-border payments, saying the token could capture 14% of the volume carried by SWIFT, the global interbank messaging network, within five years.Speaking at the XRP APEX 2025 event in Singapore on Wednesday, Garlinghouse framed the prediction around XRP’s utility in transferring funds internationally.“There are two parts to SWIFT today: messaging and liquidity,” Garlinghouse said. “Liquidity is owned by the banks. I think less about the messaging and more about liquidity. If you're driving all the liquidity, it is good for XRP … so I’ll say five years, 14%.”SWIFT dominates interbank messaging for cross-border transfers, telling banks where to send money, but doesn't actually...
Meta Invests $14 Billion in Scale AI to ‘Deepen’ its Work on Superintelligence
The deal values data-labeling startup Scale AI at $29 billion, as Meta aims to catch up with rivals such as OpenAI and Google.Source link