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Facebook toyed with the idea of issuing its own cryptocurrency back in 2019. ... is why regulators would be the other hurdle to any plans for a big company like Amazon to issue its own stablecoin.
The legislation would allow corporations to issue their own ‘stablecoins’, which are essentially digital casino chips.
If these plans move forward and either company officially launches its own stablecoin as a form of payment, it would mark a significant shift away from traditional banking and credit card operations.
Cryptocurrency was one of the fastest-growing categories of exchange-traded funds in 2024. Although crypto is a small part of the 401(k) plan market, it could grow substantially in 2025.
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