PYUSD has struggled to gain significant adoption. The Trump admin could change that
It has a much smaller market cap than the likes of USDT. The entire asset category is still far from mainstream
Cryptocurrency volatility has tempered expectations for crypto payments. But it hasn’t erased them: Retail, remittance, and cross-border B2B payments remain in growth mode.
Backed by several FDIC-insured incumbents, USDF has 1:1 redemption with US dollars and runs on a public blockchain. Security and transparency will make good selling points.
The bank filed an application to launch an ETF comprising crypto-related firms, but we’ll likely have to wait a few months until such a product is on the market.
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