Stablecoins

John Deaton, a prominent lawyer and advocate for XRP, warns that if the GENIUS Act — which has already passed the U.S. Senate — fails to secure final approval in the House of Representatives and the President's signature, it could mean regulatory collapse for the crypto sector.
According to Deaton, this bill is the last realistic opportunity for comprehensive crypto legislation before the upcoming elections. Should it stall now, other important initiatives — such as BitBonds, crypto tax reform, and consumer protection during bankruptcies — will likely remain blocked indefinitely.

Stablecoins: No Interest, No Competition
Deaton highlights a critical issue in the bill’s current form: stablecoin holders are prohibited from earning interest. This, he argues, prevents them from competing with traditional savings accounts — weakening innovation and possibly undermining financial system stability, which the bill claims to protect.

Tech Giants Under Fire, Banks Lobbying Hard
Deaton sees the bill facing pressure from two major fronts:

🔹 Tech giants like Meta want to issue their own stablecoins, but the bill would block this by requiring special licenses for non-financial public companies.

🔹 Banking lobbies push back against allowing stablecoins to pay interest, viewing them as a threat to the traditional financial system.

Trump’s Involvement and a Divided Congress
Another sticking point is Donald Trump’s ties to the crypto space. His family controls World Liberty Financial and the USD1 stablecoin, sparking concern among some Democrats — including Senator Elizabeth Warren and Representative Maxine Waters — that the bill might unintentionally benefit Trump’s business interests.
On the other hand, Senator Mark Warner publicly supports the legislation:
“With the stablecoin market nearing $250 billion, the U.S. cannot afford to sit on the sidelines. We need clear rules that protect consumers, defend national security, and encourage responsible innovation.”

Deaton: No Passage, No Progress
Deaton concludes that if the GENIUS Act fails to pass, crypto regulation in the U.S. will come to a standstill:
“This bill isn’t perfect. But it’s the best chance we have to move the American crypto industry forward — no matter your political party.”

#cryptoregulation , #Stablecoins , #CryptoNews , #DigitalAssets , #GENIUS
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

$XRP XRP Supporter Sounds the Alarm: Crypto Future Uncertain Without Stablecoin Legislation

Prominent $XRP advocate John E. Deaton has delivered a serious warning: if the U.S. Senate doesn’t approve the GENIUS Act — a bill designed to regulate stablecoins — significant crypto legislation might be delayed until 2029.

Deaton, a central figure in the XRP legal saga, emphasized that the bill is straightforward and in the public’s best interest. He argues that if Congress can’t agree on such a fundamental measure, more advanced proposals like crypto tax reforms or the Lummis-Gillibrand bill likely won’t survive.

The GENIUS Act, introduced by Senator Bill Hagerty, is meant to establish clear guidelines for stablecoin providers and enforce robust reserve standards to protect users. Hagerty asserts this will encourage innovation tied to the U.S. dollar and bring long-awaited clarity to American crypto laws.

Though the bill faces challenges, Senator Kirsten Gillibrand believes it could be passed within the week. Momentum is building, with major industry voices like Coinbase’s policy head Faryar Shirzad calling it a top national concern.

Still, opposition remains. Senator Elizabeth Warren has expressed concerns over financial risks. Deaton also highlighted a controversial clause that restricts interest on stablecoin holdings — a measure likely to face resistance from traditional banking institutions.

A Senate decision is expected soon. If the vote fails, pivotal crypto advancements — such as BitBonds and taxation updates — could be postponed for several years.

#XRP #CryptoUpdate #GENIUSAct #Stablecoins #CryptoRegulation $XRP

As Russia tightens its grip on digital assets, upcoming regulatory changes are raising red flags for stablecoins like Tether (USDT). The new rules, introduced by the Central Bank of Russia (CBR), aim to restrict foreign digital assets from entering the Russian market—especially those that could be frozen or censored by foreign issuers.
According to Russian authorities, foreign digital rights (FDRs)—tokens issued outside of Russia—must meet strict compliance standards to be legally traded in the country starting May 26.

New Crypto Rules Could Freeze Out Tether
The CBR has made it clear: FDRs must not be tied to securities from “unfriendly” nations and must not offer any pathway to cryptocurrencies currently banned in Russia. More importantly, the CBR emphasized that:
“Issuance terms must not imply any possibility of asset blocking by the issuer, payment agent, or controlling entity.”

That clause, experts say, directly targets Tether, the world’s most-used stablecoin.

Tether's Growing Role in Russia Draws Attention
Since 2022, the Russian digital asset market has ballooned to $10 billion in estimated value, fueled largely by cross-border use of USDT. According to Kristina Aleshina of the CBR, over 800 billion rubles ($9.9 billion) have already been raised via tokenized digital financial assets (DFAs) in Russia.
However, under the new rules, Tether’s ability to freeze user funds and enforce sanctions compliance may disqualify it from being recognized as a legal asset in Russia. This is particularly relevant after Tether froze 2.5 billion rubles worth of assets held in wallets on Garantex, a Russian crypto exchange sanctioned by the U.S. Treasury.

Analysts: Crackdown Will Push Users to Decentralized Alternatives
Legal experts warn that the CBR’s push to restrict FDR access to "qualified investors" is another step toward tightening crypto controls. But some argue the bank is powerless to fully stop peer-to-peer transactions or the use of decentralized stablecoins like DAI.
“If the pressure increases, users will simply migrate to decentralized options,” said Ignat Likhunov, founder of crypto law firm Cartesius.

Tether’s centralization remains a sticking point. Users must comply with KYC verification under U.S.-aligned sanction rules. Failure to verify can result in frozen funds, and Tether Limited can block tokens at its own discretion, Likhunov added.

Russia Eyes Its Own Stablecoin Amid Global Tensions
Russia’s dependency on Tether for over 80% of cross-border payments puts the country in a bind. While the government wants tighter control, the market still relies heavily on USDT. Some officials are now considering a Russian-issued stablecoin, pegged to an alternative fiat currency, to reduce reliance on Western financial infrastructure.
With sanctions tightening and digital finance evolving, the clash between state regulation and decentralized assets is becoming a key battlefield for Russia’s crypto future.

#Stablecoins , #Tether , #cryptoregulation , #CBDC , #CryptoCommunity
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

У 2025 році TRON демонструє вражаюче відновлення, зміцнюючи позиції у блокчейн-індустрії. За даними Messari, ринкова капіталізація стейблкоїнів на TRON зросла до $65,7 млрд, з USDT, що становить 99,3% цієї суми. Щоденний обсяг трансферів USDT досяг $19 млрд, що підкреслює домінування TRON у стейблкоїн-екосистемі. Ціна TRX зросла на 115% у 2024 році, досягнувши $0,33 після піку в $0,44, що принесло інвесторам значні прибутки.
Загальна заблокована цінність (TVL) у DeFi-екосистемі TRON відновилася до $5,2 млрд після падіння до $4,7 млрд у першому кварталі 2025 року, хоча й поступається піковим $36,2 млрд у грудні 2024 року. Інновації, такі як інтеграція з біткоїнськими L2-мережами та запуск SunPump, сприяють зростанню мережі. Прогнози на другу половину 2025 року вказують на середню ціну TRX у $0,30, з потенціалом досягнення $0,45. TRON залишається ключовим гравцем у DeFi та стейблкоїнах. Слідкуйте за новинами, щоб не пропустити оновлення!
#Tron #Stablecoins #CryptoInvesting #DeFi #TRX #blockchain #MiningUpdates
Підписуйтесь на #MiningUpdates для актуальних новин!

Мир криптовалют стремительно движется к зрелости. На этой неделе два ключевых события подтвердили: институциональные игроки и государственные структуры перестают игнорировать цифровые активы — они начинают активно встраивать их в свою повестку.

🏛 Регуляция от Сената США: стейблкоины под контроль
Сенат США начал продвижение законопроекта, направленного на регулирование стейблкоинов — ключевого инструмента в мире DeFi и блокчейн-экономики. Законопроект предполагает:
Чёткие требования к обеспечению (резервам),Прозрачную отчётность эмитентов,Регистрацию под надзором финансовых регуляторов.
Это может легализовать использование стейблкоинов в традиционных финансах и открыть путь к их интеграции в банки и платёжные системы. В краткосрочной перспективе — это создаёт неопределённость, но в долгосрочной — укрепляет доверие к цифровым валютам.

🏦 JPMorgan открывает клиентам двери в биткоин
Один из крупнейших банков мира — JPMorgan Chase — сообщил, что 91 миллиону своих клиентов теперь разрешено инвестировать в биткоин. Иронично, ведь глава банка Джейми Даймон не раз критиковал криптовалюты, называя их «бесполезными».
Тем не менее, реальность берёт своё. Под давлением растущего спроса и конкуренции банк идёт навстречу клиентам, предлагая доступ к биткоину через регулируемые платформы. Это:
Усиливает институциональную легитимность BTC,Увеличивает приток капитала,Стимулирует развитие инфраструктуры вокруг крипты.

🔍 Почему это важно?
Когда крупнейшие банки и государственные органы начинают действовать — это знак, что крипторынок переходит из «дикого запада» в институциональную эру.
✅ Стейблкоины становятся частью глобальной экономики.
✅ Биткоин — актив, к которому открывают доступ миллионам.
✅ Регуляция и принятие — не противоположности, а две стороны одной медали.

💛 Поддержи автора и начни свой путь с Binance уже сегодня!
Если ты ещё не в теме — самое время залететь.
👉 Зарегистрироваться и забрать Mystery Box
💬 Твоя активность — мой движ.
Лайк, коммент, подписка — лучшая поддержка для новых статей и мемов.
Ты — часть комьюнити. Рад, что ты здесь! 💜

#CryptoNews #Stablecoins #BitcoinAdoption #CryptoAdoption #crypto
All rights reserved. Do not use or repost without permission. © NaBitok 2025

While the bill still awaits House review and presidential sign-off, the market is already responding.
$FXS is surging, up 10.64%, fueled by its unique position as the only fully compliant stablecoin under the proposed regulatory framework.
Elsewhere in the market:
$BTC: +2.31%
$ETH: +5.53%
Why it matters:
This legislation could redefine the stablecoin ecosystem in the U.S., introducing clear regulations and giving an edge to early-compliant projects like $FXS .
Are we on the brink of a new stablecoin era?
Share your thoughts below.
#CryptoNews #Stablecoins #FXS #BTC #ETH #GENIUSAct

The U.S. Senate has officially approved the GENIUS Act (Governing and Enabling National Innovations for United States Stablecoins), marking a historic step toward creating a federal regulatory framework for stablecoins. This legislative milestone aims to integrate dollar-backed digital assets into the mainstream financial system and strengthen the U.S.’s leadership in digital finance.

A Blueprint for a Safer, Regulated Stablecoin Market
The GENIUS Act outlines:
🔹 Mandatory reserves in cash or U.S. Treasury securities

🔹 Strict AML/CFT compliance standards

🔹 Regulatory oversight by the Federal Reserve
If the bill passes in the House of Representatives and is signed by President Trump, it will become the first comprehensive legal framework for stablecoins in the United States.

From Rejection to Approval: Bipartisan Support Emerges
Just one week ago, the bill’s future looked grim. All 49 Senate Democrats had blocked a procedural vote, temporarily halting progress. But after negotiations and revisions, the proposal returned — and this time it secured over 60 votes, with support from both parties.
Among the Democrats who reversed their stance and voted in favor were:

🔹 Ruben Gallego (Arizona)

🔹 Mark Warner (Virginia)

🔹 Lisa Blunt Rochester (Pennsylvania)

🔹 Kirsten Gillibrand (New York)

🔹 Angela Alsobrooks (Maryland)
Gillibrand and Alsobrooks had co-sponsored the bill earlier.

Trump’s Influence: A Cause for Both Hope and Concern
The GENIUS Act was introduced by Republican Senator Bill Hagerty (Tennessee), with bipartisan support from senators including Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY). They describe it as a “pro-growth, pro-innovation” bill that will strengthen trust in stablecoins and protect consumers.
However, not everyone is convinced. Senator Elizabeth Warren warned the legislation could benefit President Trump’s personal interests, particularly his USD1 stablecoin project and affiliated meme coins. She expressed concern that the bill allows Trump to regulate his own digital currency.

Experts: Clear Rules Are Essential
Despite political debate, industry leaders welcomed the GENIUS Act:
🔹 Bo Hines, from the Presidential Council on Digital Assets, endorsed the bill.

🔹 Justin Slaughter (Paradigm) called it “the best we could hope for in years.”

🔹 Amanda Tuminelli (DeFi Education Fund) said clear rules would benefit consumers, small businesses, and the global role of the U.S. dollar.

🔹 Ji Kim from the Crypto Council for Innovation described it as a critical step toward regulatory clarity, vital for the U.S. to maintain leadership in crypto innovation.

What’s Next?
The bill now moves to the House of Representatives. If it passes and is signed into law by President Trump, it will establish a secure, transparent, and federally regulated environment for stablecoin issuance and use — under the direct supervision of the U.S. central bank.

#Stablecoins , #Regulation , #Cryptolaw , #CryptoInnovation , #DigitalAssets

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Lawmakers clash over amendments as the controversial GENIUS Act aims to regulate the $250 billion stablecoin market.The US Senate is expected to vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act today at approximately 8 P.M. EDT. However, its unclear whether the bill will pass or continue to face delays.
The GENIUS Act seeks to establish a federal regulatory framework for payment stablecoins, but has faced hurdles in progress in recent weeks due to a divide among lawmakers.
The debate came just over a week after a failed procedural vote, in which all 49 Democratic senators blocked a motion to invoke cloture on the bill’s consideration, halting its initial path to the floor.
In subsequent days, reports of a bipartisan effort to re-adapt the bill for another vote surfaced, resulting in changes to the proposal initially denied.
Democrats push back
While supporters say the bill would bolster US dollar dominance and provide critical oversight to a $250 billion market, opponents argue the latest draft contains broad loopholes for political figures and tech companies while creating security risks and insufficient consumer protections.
A May 19 memo by Senate Banking Committee Democratic staff accused the latest draft of enabling “Trump crypto corruption.” It references provisions that fail to bar elected officials, including President Donald Trump and his family, from owning or profiting from stablecoin ventures.
The memo claimed that the bill’s current language could allow Trump to benefit from the USD1 stablecoin, the token issued by a project endorsed by him and his family, World Liberty Financial.
The memo also warned of expanded loopholes for offshore issuers like Tether and private big tech firms. It noted that allowing the trading of stablecoins issued offshore on US-based exchanges could make it easier for criminals to move funds into the US financial system.
The document also stated that the draft still allows companies not predominantly engaged in financial services to issue their own stablecoins, with Elon Musk’s X mentioned as a potential beneficiary. It further argued that the exemption for private issuers undermines existing prohibitions on corporate currency issuance and poses systemic financial risks.
The memo concluded that the draft’s updates are “fig leaves,” restating existing protections without materially addressing national security concerns, sanctions enforcement, or misleading marketing by issuers.
Necessary first step
In contrast, bill proponents, including Senate Republicans, industry groups, and some moderate Democrats, framed the GENIUS Act as a needed legislative foundation.
Sen. Bill Hagerty (R-TN), the bill’s sponsor, described the legislation as pro-growth and “the first ever regulatory framework for payment stablecoins.” He argued it would strengthen the US dollar, increase demand for Treasury assets, and keep innovation onshore.
Bo Hines, executive director of the President’s Council of Advisers for Digital Assets, also voiced support, saying the legislation would modernize the financial system and provide Americans with faster and more affordable payment tools.
Amanda Tuminelli, executive director and chief legal officer of the DeFi Education Fund, issued a statement urging bipartisan support. She claimed regulatory clarity for stablecoins is in the best interest of the US dollar, American consumers, and small businesses.
Ji Kim, acting CEO of the Crypto Council for Innovation, said on May 19 that the vote is “a critical step to establish a regulatory framework for stablecoins that fosters responsible innovation” and that the legislation is essential for preserving US leadership in digital finance.
Support has also come from advocacy organizations like Stand With Crypto, which declared the Senate vote a “key vote” for its 52 million American members and urged constituents to pressure senators to back the bill.
Justin Slaughter, VP of regulatory affairs at Paradigm and a former Democratic staffer, offered a pragmatic endorsement, saying that this is “close to the best we can get for years and years.”
Slaugther added that while the bill isn’t perfect, it addresses the regulatory void surrounding stablecoins and mirrors the approach adopted by the EU, UK, and Japan.
#Usdt #Stablecoins $USDC

The U.S. Senate has taken a big step toward creating clear rules for stablecoins—a type of cryptocurrency tied to stable assets like the U.S. dollar. On Monday, lawmakers voted to advance a new bill, bringing it closer to becoming law. This comes after a failed vote in May, showing how lawmakers are now finding common ground.
What Happened?
The Senate voted to move forward with the Stablecoin Bill, which aims to set rules for companies that issue stablecoins (like USDT or USDC). The bill needed at least 60 votes to pass a procedural hurdle, and it easily crossed that mark. Earlier in May, the same vote failed because Democrats and some Republicans raised concerns about protecting users and national security.

This time, lawmakers made small changes to the bill’s language to address those worries. While the updates weren’t major, they were enough to convince key Democrats like Senators Ruben Gallego and Mark Warner to support the bill.

Why Does This Matter?
Stablecoins are critical to the crypto world because they offer a “stable” value compared to volatile coins like Bitcoin. However, without clear regulations, there have been worries about risks to consumers and the financial system. This bill could:
1. Protect Users: Add safeguards to ensure stablecoin issuers hold enough reserves (like cash) to back their coins.
2. Boost Trust: Create clearer rules for companies, making stablecoins safer and more reliable.
3. Set U.S. Standards: Help America catch up to other countries that already have stablecoin laws.
What’s Next?
The Senate will now debate the bill further and hold a final vote. Meanwhile, the House of Representatives is working on its own version of stablecoin rules. If both pass, lawmakers will need to combine the two into one law.

What Crypto Users Should Know
For platforms like Binance and crypto traders, clearer U.S. rules could mean:
- More Stability: Regulations might reduce risks of stablecoin collapses (like TerraUSD in 2022).
- Easier Adoption: Banks and businesses could feel safer using stablecoins for payments.
- Global Impact: U.S. rules often influence how other countries regulate crypto.

The Big Picture
This vote shows that U.S. lawmakers are finally making progress on crypto regulation after years of delays. While some argue the bill could be stricter, it’s a sign that stablecoins—and crypto overall—are being taken seriously. For now, the crypto industry is watching closely as the Senate moves toward a final decision.

*

Simple Explanation:
- Stablecoin: A cryptocurrency pegged to a stable asset (e.g., USD).
- Cloture Vote: A Senate procedure to end debate and move a bill forward.
- Reserves: Cash or assets held by a company to back the value of its stablecoins.
#BinanceAlphaAlert #StablecoinRevolution #Stablecoins #GENIUSAct

Significant strides are being made in the regulation of stablecoins in the United States, driven by the proposed GENIUS Act. Here’s a breakdown of the latest developments:

---

What is the GENIUS Act?

The GENIUS Act is a proposed piece of legislation designed to bring regulatory clarity to stablecoin issuance in the U.S.

It has sparked considerable attention in the crypto space due to its potential to reshape market dynamics and regulatory expectations.

Market reactions have been mixed, with increased volatility as investors respond to anticipated changes.

---

Key Regulatory Proposals

The Act introduces a tiered regulatory approach based on the scale of the stablecoin issuer.

Larger issuers would face more rigorous oversight.

Smaller and emerging entities may benefit from more flexible regulations, promoting innovation while maintaining safeguards.

---

Impact on the Market

The stablecoin market cap has exceeded $246 billion, with over 99% pegged to the U.S. dollar, underscoring the dollar's dominance in the digital currency space.

Stablecoin adoption is expected to drive greater demand for U.S. Treasury securities and enhance cross-border payments, further strengthening the global role of the dollar.

---

Legislative Status

As of May 19, 2025, the GENIUS Act is actively being debated in Congress and may come to a vote before Memorial Day.

Ongoing amendments have impacted bipartisan support, suggesting the final bill could undergo additional changes before passage.

---

Looking Ahead

A notable provision would limit the "offer and sale" of stablecoins to authorized issuers within three years of the bill becoming law.

Policymakers are also weighing the implications of non-financial tech firms entering the stablecoin space, raising concerns about systemic risk and the need for robust oversight.

---

Conclusion

The GENIUS Act marks a pivotal moment in U.S. crypto regulation. By establishing a structured regulatory framework, it aims to balance innovation with financial stability — ensuring responsible growth in the stablecoin sector while reinforcing the U.S. dollar’s position in the global digital economy.

#GENIUSAct #Stablecoins #CryptoRegulation

The world of crypto is constantly evolving—and now, the U.S. government is taking a significant step with the introduction of the GENIUS Act (Guaranteed and Enforceable Neutrality in Uniform Stablecoins Act). This proposed legislation could become a game-changer for stablecoin regulation, aiming to bring stability, trust, and innovation under one roof.
What is the GENIUS Act?
The GENIUS Act focuses on creating a clear legal framework for stablecoins like USDT, USDC, and others. It proposes that:
Only regulated institutions can issue stablecoinsReserves backing stablecoins must be 100% verifiable.Stablecoins must be redeemable 1:1 in fiat currency.There will be federal oversight without stifling innovation.
Why It Matters for Crypto Investors
Stablecoins are the bridge between traditional finance and the crypto world. Whether you’re staking, trading, or sending remittances—stablecoins keep value stable. However, without regulations, there’s always a risk of collapse (remember TerraUSD?).
$BNB $USDC
The GENIUS Act aims to:
Protect consumers by ensuring reserves are real.Prevent fraud by stopping unregulated entities.Promote growth by giving stablecoins legal clarity.
Impact on Binance and the Global Market
Platforms like Binance—which offer various stablecoins—may benefit from standardized regulations, making cross-border trading smoother and more trustworthy. This could boost institutional interest and open the door to wider global adoption.
Binance users should keep an eye on the GENIUS Act, as it could affect listings, compliance policies, and how stablecoins are used across DeFi and CeFi ecosystems.