Stablecoins are coming to the EU banks, and Deutsche Bank is the headline today. The finance titan is contemplating issuing stablecoins and creating tokenized deposits to tap into the crypto world.
And this isn’t the only good news to discuss.
But that’s old news.
And, last but not least, AirBNB has adopted a similar reasoning, aiming to incorporate stablecoin options into their payment system.
If the bill passes, it would create the legal framework for issuers to create and manage stablecoins on US territory.
Regarding the bill’s status, journalist and host of CryptoAmerica, Eleanor Terrett said this on Tuesday:
‘More than 60 amendments have been floated so far, and Senate Republicans and Democrats are now negotiating to pare that list down to a more manageable number. If they reach a deal, the bill could see Senate floor time before the end of the week. If not, procedural hurdles will likely slow things down and push potential final passage into next week.’
The project is also continuously developing, and it promises to bring a variety of additional features down the line, such as:
So, there are a lot of reasons to be excited about the platform’s future.
2030 could see $BEST achieve an even more impressive growth, given widespread adoption and a sustained developmental cycle, pushing the token to $0.82, for a growth of 3,161%.
Joining the presale now could be a smart investment strategy, considering Best Wallet’s existing features and its clear and ambitious roadmap.
There’s no doubt anymore, the crypto genie is out of the bottle. Deutsche Bank is already making its first move into the stablecoin sector and other big names (like ING) will follow suit. But while increased institutional adoption from banks is beneficial, your freedom should come first.
Remember, this isn’t financial advice. DYOR (Do Your Own Research) and invest wisely.