News
Significance:
8/10

Companies plan stablecoins under new law, but experts say hurdles remain

https://www.reuters.com/legal/government/companies-plan-stablecoins-under-new-law-experts-say-hurdles-remain-2025-08-12

Hannah Lang

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
The GENIUS Act is seen as a positive step towards facilitating crypto usage and stablecoin adoption.
Bullish
Bank of America is actively considering issuing its own stablecoins, indicating positive sentiment towards the technology.
Bullish
Citigroup is also considering issuing stablecoins, showing interest in the technology.