*US Weighs Initiative To Promote DOLLAR-BACKED Stablecoin ABROAD: BBG
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US weighs overseas push for dollar-backed stablecoins: Bloomberg
The reported initiative could involve private-sector companies and several US agencies as Washington looks to expand the international use of dollar-backed stablecoins.
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Washington may fund private stablecoin ventures abroad to protect the dollar's reserve status and prop up Treasury demand.
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure.
*Jpmorgan Chase Recently Evaluated Pursuing Its Own Stablecoin, Sources SAY: BBG
AggrNews News, *Jpmorgan Chase Recently Evaluated Pursuing Its Own Stablecoin, Sources SAY: BBG
Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet
The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels.