With lots of big news around stablecoins and a quick look at ETH 2.0, CoinDesk's Market's Daily is back with another crypto news roundup.
This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch Allnodes
Today's stories:
Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin's Continued Rally
A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.
US Bill Would Require Stablecoin Issuers to Get Bank Charters
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.
Valid Points: The Risks and Rewards of Staking on Eth 2.0
Breaking down Ethereum 2.0 and its sweeping impact on crypto markets, weekly.
Visa May Launch USDC Credit Cards Next Year
Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.
