• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Stablecoin

Experts Predict Rough Road Ahead For Wall Street Giants In Stablecoin Rollout

Ronaldo Marquez
by Ronaldo Marquez
2 weeks ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a transformative moment for the cryptocurrency industry with new regulations coming from the US, major financial institutions are setting their sights on stablecoins, thanks to the recent passage of the GENIUS Act.

This regulatory framework, part of President Donald Trump’s vision to position the US as the global leader in cryptocurrency, has prompted banks like Bank of America, Fiserv, and Morgan Stanley to explore the adoption and integration of stablecoins. 

Should Companies Create Their Own Stablecoins 

While the GENIUS act opens new avenues for stablecoin usage, experts caution that the journey toward successful implementation will not be straightforward. The potential for instant payments and settlements that stablecoins promise is enticing, particularly when traditional banking transactions can take days.

Companies such as Walmart and Amazon are reportedly considering their own stablecoin initiatives, signaling a significant shift in how retail and financial services could operate in the future.

Related Reading: Ripple’s 5-Year Legal Saga Ends With SEC’s Favorable Ruling For Fundraising

However, a recent report by Reuters highlights that the GENIUS Act does not immediately eliminate the complexities associated with launching stablecoins. 

Businesses must navigate a labyrinth of strategic and technical challenges. One fundamental decision is whether to create their own stablecoin or to incorporate existing options.

The intended use of the stablecoin will reportedly have greater influence on this decision; for instance, a retail platform might develop a stablecoin to enhance customer engagement, while others could utilize them for internal cross-border transactions.

Stephen Aschettino, a partner at Steptoe, emphasized the importance of purpose in this decision-making process. “Is this something really designed to drive customers to engage with the issuer, or is the issuer’s primary motivation to have a stablecoin that is more ubiquitous?” he questioned.

For non-banking entities, the adoption of stablecoins will inevitably bring new compliance obligations. The GENIUS Act mandates issuers to adhere to anti-money laundering (AML) regulations and know-your-customer (KYC) protocols, which could impose additional costs and oversight requirements. 

Regulatory Guidelines Remain Uncertain

Per the report, the implications of holding dollar-pegged cryptocurrencies for these institutions extend to regulatory compliance as well. Banks must consider how these digital assets will affect liquidity requirements. 

Julia Demidova, head of digital currencies product and strategy at FIS, pointed out that stablecoins held on bank balance sheets might necessitate greater capital reserves under existing regulations. 

“The GENIUS Act is great, but if the bank is treating their stablecoin on the balance sheet under prudential banking regulation, you still need to look at the risk weight of the asset,” she remarked.

Related Reading: Paxos Applies To Establish National Trust Bank In The United States–Reuters

Another crucial aspect for companies venturing into these cryptocurrencies is the choice of blockchain technology. Stablecoins can be issued on various blockchain networks, with Ethereum (ETH) and Solana (SOL) being popular options. 

However, banks may lean towards private, permissioned blockchains to ensure governance and control over transactions. Demidova noted that banks would likely prioritize clear structures and oversight, which are often lacking in public blockchain environments.

Despite the excitement surrounding the GENIUS Act, its effective date remains uncertain, with federal banking regulators expected to release rules that will clarify compliance and risk management requirements. 

For instance, the Office of the Comptroller of the Currency (OCC) is reportedly anticipated to outline guidelines that will address these issues, while the Treasury Department will need to assess foreign dollar-pegged cryptocurrencies regulatory frameworks in line with US standards.

Stablecoin
The 1D chart shows the total crypto market cap valuation reaching a new all-time high on Tuesday. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Ronaldo Marquez

Ronaldo Marquez

Follow

Ronaldo is a seasoned crypto enthusiast with over four years of experience in the field. He is passionate about exploring the vast and dynamic world of decentralized finance (DeFi) and its practical applications for achieving economic sovereignty. Ronaldo is constantly seeking to expand his knowledge and expertise in the DeFi space, as he believes it holds tremendous potential for transforming the traditional financial landscape.

Full Profile

Related Posts

crypto

Tesla Sees $657M Outflows As South Korean Retail Investors Favor Crypto-Related Stocks

3 hours ago
Tron

Tron Drops To Critical Level In Buy/Sell Pressure Delta – Here’s What It Means

12 hours ago
New Report Finds Digital Wallet Boom as Investors Watch Best Wallet Token

Growing Digital Wallet Adoption Amongst Younger Generation Bodes Well For Best Wallet Token

14 hours ago
Bitcoin Hyper Presale Explodes Past $13M as One of 2025's Best Presales

Bitcoin Hyper Presale Explodes Past $13M as One of 2025’s Best Presales

15 hours ago
Best Altcoins to Buy After Sudden Whale Shift from Bitcoin to Ethereum

Best Altcoins to Buy After Sudden Whale Shift from Bitcoin to Ethereum

15 hours ago
Best Crypto to Buy Now According to Grok – How AI Tools Deliver Better Returns

Best Crypto to Buy Now According to Grok – How AI Tools Deliver Better Returns

16 hours ago

Premium Sponsors

Press Releases

  • The Ethereum DeFi’s Return Sets the Normal for Cloud...

    2 hours ago
  • Earn $8,888 per day – OurCryptoMiner helps you turn...

    3 hours ago
  • OPTO Miner

    XRP’s post-holiday rebound is weak, and OPTO Miner...

    7 hours ago
  • XRP retreats under pressure, while DOT Miners generates...

    12 hours ago
  • Rich Miner Launches New Cloud Mining Strategy: Secure 1,000...

    13 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.