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Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance

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Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance
Stablecoins are surging into the financial spotlight as regulators push forward with frameworks that could unlock their full potential to revolutionize cross-border payments and reshape global finance—if executed with precision and consistency.
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Crypto

Silent Onchain Shift: Coinbase Predicts Widespread Crypto Use Hidden in Everyday Apps

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Silent Onchain Shift: Coinbase Predicts Widespread Crypto Use Hidden in Everyday Apps
Crypto’s future is charging toward mass adoption as seamless, invisible blockchain integration takes center stage, transforming digital experiences into effortless financial ecosystems that users embrace without even realizing they’re using crypto technology.
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How Donald Trump and his family amassed hundreds of millions in cryptocurrency since returning to the White House, his networth and holdings will shock you

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How Donald Trump and his family amassed hundreds of millions in cryptocurrency since returning to the White House, his networth and holdings will shock you
President Donald Trump and his family have reportedly amassed more than $1 billion in pre-tax profits from various cryptocurrency ventures since his return to the White House. This significant financial gain is attributed to a series of strategic moves in the digital asset space, including the launch of meme coins, a stablecoin, and substantial investments in Bitcoin.

From organizing a private gala for leading investors, to introducing his own ‘meme coin’ just before taking office, and enacting the first US legislation on digital assets, Trump’s presidency has been more closely linked to cryptocurrency than any of his predecessors.

Cryptocurrencies, or cryptos, are digital tokens that use cryptography for security. They are largely unregulated and typically not backed by any underlying asset.

Chris Brycki, CEO of investment platform Stockspot, told ABC that cryptocurrencies are highly speculative and volatile, with their value largely driven by short-term market sentiment.

Breaking down Trump’s cryptocurrency earnings

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The White House states that since taking office, the president has distanced himself from his business activities, with his assets now held in a trust overseen by his children. It is difficult to understand how much has been converted to liquid cash against how much is locked or on paper.

According to the ABC website, World Liberty Financial (WLFI), a cryptocurrency company largely owned by Trump family interests, announced in March that it had raised $550 million ($840 million) through the sale of its governance tokens, $WLFI, across two separate offerings.

Days before his inauguration, Mr Trump made headlines by launching a “meme coin,” a type of cryptocurrency inspired by internet memes, jokes, or cultural trends, similar to Dogecoin. The $TRUMP meme coin was launched just three days before Mr. Trump’s presidential inauguration.

He released a total of 1 billion $TRUMP meme coins, with 20 percent offered to the public through an initial coin offering (ICO) and the remaining 80 percent retained by Trump-affiliated entities.

Reuters reported that crypto-related entities linked to the US president earned nearly $100 million in $TRUMP trading fees in less than two weeks after its launch. Trump Media and Technology Group (Trump Media) revealed that it had acquired roughly $2 billion in Bitcoin and Bitcoin-related securities.

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According to Forbes’s 2025 World’s Billionaires List, Trump’s net worth is $US5.1 billion, from $US2.3 billion in 2024.

The US president’s business activities during his time in office have faced intense global media scrutiny, including from ABC’s Americas editor John Lyons, who was recently reprimanded by Trump for raising questions on the matter. Democrats have criticized the legislation, arguing that it effectively gives Mr. Trump the green light to continue profiting from cryptocurrency.

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Crypto

Binance Unleashes $400M Market Rescue With Instant Relief for Liquidated Traders

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Binance Unleashes 0M Market Rescue With Instant Relief for Liquidated Traders
Binance has unleashed a $400 million lifeline to stabilize the crypto market, launching an aggressive relief and liquidity campaign designed to restore confidence after brutal sell-offs battered retail and institutional investors alike.
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