Report forecasts stablecoins growing from 1% to 10% of US M2 and FX, spurred by advancing regulatory clarity With a current market cap of less than $200 billion, stablecoins represent a tiny fraction of global financial transactions – just 1% of US money supply and foreign exchange operations. However, a...
Trump Media Files for ‘TruthFi’ Trademark to Offer Crypto Services
Truth Social has been TMTG's focal point, but the application for the TruthFi trademark signals a diversification of its business operations. The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and...
Charles Schwab to Launch Spot Crypto ETFs if Regulations Change
The move reflects the increasing pressure on traditional financial firms to adapt, especially given the current pro-crypto political climate. Asset manager Charles Schwab could enter the crypto exchange-traded fund (ETF) market following comments made by incoming CEO Rick Wurster. Wurster told Bloomberg that the company would offer spot digital currency...
