STABLE COIN Bill Fail to Pass Senetor Vote :
To those you wondering why this Stable Coin Act is important:
Stablecoins promote US dollar dominance
US dollar dominance is crucial for America's national security and global influence
The US dollar as global reserve currency is envied by all nations
American adversaries are trying to ditch the dollar
Stablecoins provide global access to US digital dollars on the Ethereum blockchain
People in nations with highly inflating currencies are trapped
No US banks are available in these nations
Most physical dollars in these nations come from illicit activities
Stablecoin regulation enables global access to US dollars
It's easier to access US dollars via stablecoins than creating an X account
Regulation allows banks to fuel the minting of digital dollars on Ethereum
Want your USD to remain the envy of the world?
Support GENIUS ACT!