#USStablecoinBill đșđžđ„ | Massive Shift Incoming in Crypto!
Just when weekend trading slows down and markets go quiet...
BOOM! Major news breaks â and smart money is already watching.
Whatâs Happening?
The proposed GENIUS Act could completely transform the #stablecoin market:
â Federal rules for #Stablecoins issuers
â Clear collateral and compliance standards
â Fed oversight for large players (over $10B)
â Push for US-based stablecoins like #USDC and RLUSD
But Thereâs a Twist:
9 Senate Democrats have suddenly pulled their support, raising concerns about:
â Money laundering risks
â Threats to traditional finance systems