The legislative process comes just weeks after Trump-backed Web3 Liberty Financial Initiative (WLFI) announced the launch of its USD1 stablecoin, pegged 1:1 to the U.S. dollar on March 25.

ET Prime ranks stocks since the Covid-19 days to understand which of them have given the best returns in the past five years.

Stablecoin adoption is growing with new laws and relaxing regulations, but concerns about some projects’ reserves remain, and ...