JPMorgan, Citigroup and Bank of America are all in the early stages of stablecoin development. As crypto markets keep a close eye on Capitol Hill for movement on the GENIUS bill, legacy financial institutions are already laying the groundwork for a future where stablecoin payment rails handle trillions of dollars in client transactions. Once a niche tool used primarily by crypto traders to fund exchange accounts, stablecoins have evolved into one of the industry’s most compelling use cases. Major players like JPMorgan, Citigroup and Bank of America are now competing for a share of this growing market. This week’s Crypto Biz newsletter dives into Wall Street’s accelerating push into stablecoins, highlights an emerging stablecoin network aiming to challenge Tether and Circle, and puts the S&P 500’s latest record high into perspective — by measuring its performance against Bitcoin (BTC). Read more
Hamas spokesperson said on Friday that while the group favours reaching an interim truce in the Gaza war, if such an agreement is not reached in current negotiations it could revert to insisting on a full package deal to end the conflict. Hamas has repeatedly offered to release all the hostages held in Gaza and […]
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has expressed heartfelt honour to Constable Haider Ali, who sacrificed his life while evacuating the citizens from floodwaters in the administration of Chotala Police Station, Pind Dadan Khan, ARY News reported. In her official statement, CM Maryam Nawaz extended heartfelt condolences to the grieving family and lauded Haider Ali’s […]
ISLAMABAD: The Pakistan Airports Authority has issued a recent notice to Airmen (NOTAM), prolonging the Pakistan airspace ban on Indian aircraft for one more month, which will now be effective until August 23, 2025, ARY News reported. This will be the fourth continuous extension since the first suspension on April 23, after the escalated tensions […]
DC Studios chief James Gunn, currently basking in the success of ‘Superman,’ has opened up about the casting for ‘Wonder Woman.’ To Read Lifestyle Stories in Urdu- Click Here Amid reports that the makers have fast-tracked a ‘Wonder Woman’ movie, the DC Studios chief put to rest rumours about their plans to look for certain […]