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First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token?

Bitcoinist LogoBitcoinist5d ago

First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token? - Bitcoinist

Quick Summary:

The good news just seems to keep on coming for crypto.

Two US banks – Custodia and Vantage – have teamed up to produce ‘America’s first-ever bank-issued stablecoin’ called Avit, and this first US bank stablecoin could prove to be good news for other coins like Best Wallet Token.

One person who won’t be happy though is President Trump, who earlier announced plans for his own US dollar-pegged stablecoin, $USD1.

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First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token? - Bitcoinist (Picture 1)First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token? - Bitcoinist (Picture 2)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 13:19:51 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 815 words

Reading Time: 5 minutes read

Sentences: 55 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27353049

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token?" has 815 words across 55 sentences, which will take approximately 4 - 7 minutes for the average person to read.

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The story "First US Bank Stablecoin & SEC Talks Fuel Crypto Momentum – Could This Help Best Wallet Token?" was covered 5 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #27353049
  • URL: https://chronographically.beamstart.com/news/first-us-bank-stablecoin-sec-17429955721378

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