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Major Financial Institutions Enter Stablecoin Market: Banks such as Bank of America and Standard Chartered, along with fintech companies like PayPal, Revolut, and Stripe, are launching stablecoins to capitalize on the evolving cross-border payments landscape. This trend is bolstered by increasing regulatory acceptance and support from U.S. President Donald Trump. Stablecoins, pegged to stable assets like the U.S. dollar, are gaining traction in sectors such as commodities, agriculture, and shipping.
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