Financial experts warn that Donald Trump’s proposal to cap credit card interest rates at 10 percent could harm entrepreneurs, with some Democrats also considering the idea. The potential impact of such a policy on entrepreneurs is a topic of concern, leading to questions about whether these proposals signal a shift towards socialist economic policies.
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Huge News For Remitly Global Investors
In the past year, stablecoins have emerged as potential disruptors of cross-border payment fees, impacting shares of Remitly Global (NASDAQ: RELY), which have fallen 30%. However, Remitly's recent announcement of the Remitly Wallet, allowing 8.5 million customers to hold stablecoins, could position the company to benefit from this trend rather than suffer from it. Want More Context? 🔎
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