United States Bancorp studying stablecoins as crypto custody arm sees revival

INSUBCONTINENT EXCLUSIVE:
U.S
Bancorp has seen interest in crypto custody services pick up and is studying its role in stablecoins
Source: U.S
BancorpThe Biden-era Securities and Exchange Commission launched multiple legal actions over crypto offerings, which soured institutional
investors on crypto-related business.However, President Donald Trump, who has family businesses involved in crypto, has largely unwound the
Bancorp, which trades as U.S
Source: CoinGlassKedia said her bank could also provide infrastructure for the token, holding the backing assets for it and offering
a lurchStablecoins are still mostly crypto-to-cryptoKedia said that while headline stablecoin transaction volumes make it look like an
offering will start to be answered by the stablecoin-regulating GENIUS Act, which aims to give rules to issuers on how to provide the tokens