The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.
Stablecoins fuel liquidity, not yet money: Mike Dolan
The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support,