Stripe’s Bridge Leads the Stablecoin Season, and Could Boost Best Wallet Token
PositiveCryptocurrency

Stripe's stablecoin initiative, Bridge, is making waves by applying for a national trust bank charter under the GENIUS Act, which aims to regulate stablecoin issuers. This move could usher in a new era for stablecoins, ensuring they are backed by cash or Treasury reserves and promoting transparency through monthly disclosures. As more regulated issuers emerge, it could lead to a 'Stablecoin Season,' enhancing the relationship between traditional banking and blockchain payments. Notably, the Best Wallet token ($BEST) is poised to gain from this shift, providing users with secure custody options.
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