Stablecoins get their stamp of approval.

US officially regulates stablecoins.

A historic breakthrough in Washington. The US Senate has passed the Genius Act, the first law to provide a formal framework for stablecoins. Dollar-backed stablecoins like USDC and USDT are now officially regulated.

According to Treasury Secretary Scott Bessent, this is only the beginning. He predicts the stablecoin market could grow to $4 trillion by 2030, up from about $250 billion today. That’s nearly a twentyfold increase in five years. Bessent also said stablecoins will significantly boost global demand for both the dollar and US government bonds.

For crypto, this is a huge step toward mainstream adoption. Rules bring clarity, and clarity attracts capital.

FED keeps interest rates unchanged.

The US central bank is once again holding interest rates steady. This is the fourth consecutive meeting where the Federal Reserve has decided not to adjust its policy rate.

This clearly sets the US apart from Europe. The ECB has already cut rates eight times. This is despite repeated pressure from Trump’s camp to lower rates in an effort to stimulate economic growth.

For the market, it mostly means: more patience.

JP Morgan launches its own stablecoin.

JP Morgan, the world’s largest bank, is going on-chain. They’re launching their own token, JPMD, specifically for institutional clients. It allows them to move money 24/7, something that simply isn’t possible with traditional systems.

The token runs on Base, Coinbase’s blockchain. JP Morgan is starting with a pilot, but their ambition is much larger. The goal is a full platform for trading digital assets, payments and custody. In other words, a complete crypto infrastructure for large clients.

It’s a sign that the biggest financial institutions are seriously preparing for an on-chain future.