JPMorgan Chase: The stablecoin market is expected to grow to $500 billion to $750 billion in the next few years

OKX - VIRTUAL is currently priced at $1.33, with a 24.53% increase over 24 hours. 24-hour transaction volume of 700 million US dollars, up 24.7%, for reference only

JUST IN: Michael Saylor says when banks embrace Bitcoin "everyone will want to buy it, no one will need to sell it, and you won't be able to afford it."

BlockBeats News: On April 29th, according to Bitcoin Laws, the full session of the Arizona House of Representatives will begin at 1 pm local time today. The Bitcoin Reserve Acts SB1373 and SB1025 have been put on the agenda and are expected to undergo a final vote.

On April 29th, according to Reuters, Abu Dhabi's sovereign wealth fund ADQ, corporate group IHC (IHC. AD), and the largest asset size bank in the United Arab Emirates, First Abu Dhabi Bank (FAB. AD), announced plans on Monday to launch a new stablecoin backed by the dirham, the official currency of the United Arab Emirates (UAE). The three companies stated in a statement that the stablecoin will be fully regulated by the Central Bank of the United Arab Emirates. This measure marks a further deepening of investment by Gulf countries in the cryptocurrency field.

OKX-ETH/USDT is currently trading at $1748.41, a decrease of 1.85% in 24 hours. Please pay attention to market fluctuations.