The Senate Agriculture Committee and the Banking Committee are both set to conduct markups on crypto market structure on January 15. This simultaneous scheduling highlights the growing legislative focus on cryptocurrency regulation. In other developments, Solana Mobile plans to launch its SKR token on January 21 at 2AM UTC. Meanwhile, Trump-backed World Liberty Financial has applied for a national trust bank charter to issue and custody USD1 stablecoins, signaling a potential expansion in stablecoin offerings. Additionally, Ripple has announced it has no plans to go public, emphasizing its strong balance sheet and prioritizing growth over an IPO. In a significant move, Wyoming has become the first US state to issue a stablecoin, introducing $FRNT on the Solana blockchain.