#USStablecoinBill

🔍 The bill in the USA is causing controversy! 📜 The GENIUS Act, regulating stablecoins, has faced resistance: 10 senators, including Democrats, withdrew support due to shortcomings in AML and national security. Binance, the largest exchange, is already using USDC as currency for Binance Pay and has integrated the USD1 stablecoin from World Liberty Financial in a $2 billion deal with MGX.

The law could strengthen the dollar and trust in stablecoins, but critics, including Elizabeth Warren, fear leniencies for major players like Tether🚀

How will this affect Binance and the crypto market? I look forward to your comments!)