$USDC 🇺🇸 BREAKING: The GENIUS Act Just Passed the U.S. Senate! 💥
The U.S. takes a historic leap by creating its first official legal framework for stablecoins like USDT and USDC! 🔥
Here’s what the new law brings:
💵 1:1 Reserve Requirement – Every stablecoin must be backed by real cash or short-term Treasuries.
📊 Monthly Reserve Audits – Issuers are now required to disclose their holdings regularly.
🚫 No Foreign Issuers – Only U.S.-based companies can legally issue dollar-backed stablecoins.
⚖️ A New Era of Regulation – Clear rules could finally bring credibility and structure to the crypto space.
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🔍 Is this the start of a more stable crypto future… or the rise of tighter government control?
Drop your thoughts 👇