
Crypto Weekly: Why stablecoins could matter

World Pulse News
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From stablecoins being the center of attention to crypto companies ploughing money into the US midterms, Francis Maguire rounds up the crypto stories of the week.
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AI GeneratedMajor financial institutions are planning a dollar-pegged cryptocurrency, while the ECB considers blockchain to maintain financial stability. Meanwhile, critics from the BIS question the scalability of stablecoins for daily payments. Additionally, the crypto industry has emerged as the largest corporate donor to US political campaigns, spending record amounts to influence policy.
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