U.S. Treasury Secretary Scott Bessent said that the U.S. and China have made 'substantial progress' in the basic framework of a trade agreement.

As a result, the 100% additional tariffs on Chinese goods announced in October are highly unlikely to be implemented, and the two countries are also discussing cooperation on security agreements.

Over the past 24 hours, Bitcoin is up 3.13% to $114,990.

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Western Union is launching a stablecoin on-chain settlement pilot program serving 150 million people.

The goal is to reduce reliance on traditional banking networks, shorten settlement times, and lower costs.

They had delayed adoption due to volatility and regulatory uncertainty, but shifted direction after the passage of the GENIUS Act.

▪ cointelegraph

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