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GENIUS Act regulations

Major Banks Tokenize Money Market Funds Amid Stablecoin Competition as GENIUS Act Accelerates Trend

Goldman Sachs and BNY Mellon are tokenizing shares of money market funds to enhance liquidity and operational flexibility, positioning traditional finance to compete with the surging stablecoin market. This strategic move leverages blockchain technology to improve asset accessibility and responsiveness… Read More »Major Banks Tokenize Money Market Funds Amid Stablecoin Competition as GENIUS Act Accelerates Trend

WisdomTree Launches USDW Stablecoin Under GENIUS Act to Advance Digital Dollar Ecosystem

Asset management firm WisdomTree has introduced USDW, a U.S. dollar stablecoin issued by its WisdomTree Digital Trust Company subsidiary. Operating on the Stellar blockchain, the fully collateralized stablecoin directly responds to the recently enacted GENIUS Act, positioning it as a… Read More »WisdomTree Launches USDW Stablecoin Under GENIUS Act to Advance Digital Dollar Ecosystem