This week, the blockchain and crypto industry takes another step towards mainstream adoption. The GENIUS Act, or the Generating Entrepreneurship and Innovation for the Nation through Unified and Improved State Regulations Act, has
Stablecoins
Banking the unbanked remains an issue for the World Bank. One way to increase financial inclusion is through cryptocurrency and blockchain technology. Crypto and the blockchain bridge the inclusion game thanks to its accessibility, transparency, and quality financial solutions.
While Bitcoin is a trailblazer and the original cryptocurrency, there are thousands of other cryptocurrencies in the market with varying use cases. These cryptos are categorized as payment cryptos, infrastructure cryptos, financial cryptos, service cryptos, and media and entertainment cryptos.
Tether remains the most important stablecoin, with a market cap of over $161 billion, and it's the third largest crypto. Four other stablecoins exceed $1 billion in market value.
Stablecoins are popular cryptocurrencies that boast stability and practical use cases. Today, there is a growing number of companies that integrate the use of stablecoins for payments.