Samsung Galaxy Unpacked Watch Party: Join CNET Live as We See What Unfolds
CNET's Bridget Carey and Andrew Lanxon will kick off our live coverage at 9:30 a.m. ET (6:30 a.m. PT) on CNET's YouTube channel, counting down the final rumors and what we expect leading into Samsung's Unpacked event. Our livestream will then pivot straight into Samsung's conference when it begins at 10 a.m. ET.
After Samsung's Galaxy Unpacked wraps, our live coverage will return to go over all of the new devices. CNET Managing Editor Patrick Holland and Senior Editor Abrar Al-Heeti will join live from Samsung's event in New York, providing their on-the-ground perspective on all the reveals.
Send in your questions and comments about the Samsung event in the live chat on CNET's YouTube channel, and you can also follow along with our coverage with our Samsung Unpacked live blog.
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Astronomer Hired Gwyneth Paltrow To Answer Questions After The CEO Was Allegedly Caught Cheating At A Coldplay Concert
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Why you might one day use stablecoins in place of credit cards or bank accounts
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That volatility makes them popular with investors seeking to profit from those ups and downs. But it also makes them impractical to use as currency. As the name implies, stablecoins are intended to have a stable value. Their value is pegged to the value of another asset, usually the US dollar. For example, one token of tether or USDC (two of the most popular stablecoins) is worth exactly $1. Because its value doesn't have the dramatic highs and lows associated with most cryptos, it's a viable way to pay for goods and services or transfer funds. At the same time, it also avoids a lot of the headaches associated with traditional banking. 'Many traditional cards charge merchants 2% to 3% in fees, a cost that is ultimately passed on to consumers,' said Himal Makwana, senior vice president and head of strategy and new initiatives at Fidelity National Information Services Inc. 'Stablecoin transactions, on the other hand, can cost just pennies regardless of transaction size. 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Upon signing the act into law, Trump — whose family owns a stake in World Liberty Financial, which recently launched a stablecoin of its own — said the GENIUS Act 'creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins.' The law establishes who can issue stablecoins and requires a 1:1 reserve backing with cash or short-term US Treasury securities. In other words, if you buy $1 of stablecoin, the issuer must keep $1 in cash or cash equivalents in reserve. It also establishes various marketing rules, like prohibiting issuers from advertising that their stablecoins are federally backed or insured, as well as anti-money laundering regulations. 'The GENIUS Act is a major step toward making stablecoins safer and more widely used,' said Erick McAfee, director of growth at pay-as-you-go app Supertab. 'With clear rules in place, people will start to see faster, simpler ways to pay and get paid, especially online. 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Data Science Course FAANG Interview Prep 2025 - Data Scientist Jobs at Google Amazon Meta Apple Netflix Updated
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