<ul><li>Major US banks are collaborating on a regulated stablecoin project to challenge existing crypto leaders like Tether.</li><li>The GENIUS Act and Trump's pro-crypto approach are driving institutional adoption of blockchain technology.</li><li>A bank-backed stablecoin could potentially reshape the stablecoin market by offering trust, liquidity, and regulatory compliance.</li><li>Cardano's founder, Charles Hoskinson, expressed no surprise at the partnership, emphasizing his earlier predictions about institutional blockchain adoption.</li></ul>

Cardano Founder Calls It Early as US Banks Plot New Stablecoin Launch

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