As the U.S. officially winds down penny production, both banks and retailers are facing increasing difficulties. While the penny’s demise has been long anticipated, the consequences for daily business operations have proven to be more complicated than expected. The shortage of pennies is causing issues in making exact change for customers, particularly in retail transactions, … Read more
Blockchain technology was originally envisioned as the infrastructure for a new era of financial services. While progress has been slow, stablecoins—fiat-pegged, tokenized assets—are emerging as a key component in the transformation of global payments, treasury management, international money flows, and even national-currency digitization. This shift is especially timely as big-league payment firms are now stepping … Read more
The passage of the GENIUS Act has kicked off a historic transformation in U.S. payments and digital asset regulation. For the first time, Congress has established a comprehensive legal framework for stablecoins, defining how these digital assets can circulate within the American financial system. The law’s intent is clear: promote innovation, enhance competition, and modernize … Read more