Major U.S. bank stocks come under pressure, with the S&P 500 Banking Index falling 2.2%

The three major U.S. stock indices continue to rise, with the Nasdaq up over 1%

ChainCatcher message: According to Gate market data, the three major U.S. stock indices continued their upward trend, with the Nasdaq index rising over 1%, the Dow Jones Industrial Average up 0.83%, and the S&P 500 index up 0.68%.

White House Explores Stablecoins to Strengthen Dollar Power

The White House is considering stablecoin legislation to boost the dollar's global role, with support from banks. The GENIUS Act mandates regulatory oversight for stablecoins, promoting efficiency in payments while ensuring traditional banks remain vital for lending.

Stripe: Stablecoins are becoming a fundamental part of the global payment infrastructure

Stripe states that stablecoins have become a vital part of the global payment infrastructure, and transaction volumes are expected to continue increasing in the future, despite current challenges in blockchain processing capacity.

SBI Ripple to Deploy XRP Cross-Border Payments in Japan and Korea - U.Today

SBI Ripple Asia partners with DSRV Labs to explore blockchain enhancements for remittances and payments between Japan and South Korea, focusing on the use of XRP Ledger for cross-border services.

Adam Back's BSTR is pushing forward with its IPO plan and is seeking shareholder approval as early as April.

Bitcoin Standard Treasury Company (BSTR) is actively pursuing an IPO, with shareholder approval expected as early as April. The plan is to hold 30,000 Bitcoins. Founder Adam Back believes that a weakening Bitcoin price could be beneficial for BSTR's listing, allowing for additional Bitcoin acquisitions at lower prices.

The 21Shares Spot SUI ETF has begun trading on Nasdaq.

PANews February 24 News, according to the official announcement from the Sui Foundation, the spot SUI ETF issued by 21Shares (NASDAQ: TSUI) began trading on the NASDAQ on February 24, providing U.S. investors with regulated, high-liquidity direct SUI exposure through existing brokerage accounts. The ETF was recently approved by the U.S. Securities and Exchange Commission.