Trump’s Executive Order on Stablecoins
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US President Donald Trump has signed an executive order proposing a regulatory framework for stablecoins and supporting legitimate dollar-backed stablecoins globally. This move is seen as a significant step towards integrating digital currencies into the mainstream financial system, potentially leading to a shift from traditional banks to digital alternatives. The order has sparked discussions on the future of digital currencies and their regulation, with implications for both the US and global financial markets.
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