🚨 WARREN TO BLOCK BIG TECH STABLECOINS—META IN THE CROSSHAIRS! 🚨

🔹 What’s Up: Senator Elizabeth Warren demands the GENIUS Act bar “Big Tech companies and other commercial giants” from issuing or affiliating with stablecoins—aiming to slam the door on Meta’s rumored return to digital money.
🔹 Meta’s Past: Remember Diem? Six years ago Facebook nearly launched its own stablecoin before regulators pulled the plug on Libra/Diem in 2022. Now, Meta’s “mulling tokens” has Warren warning of a replay.
🔹 Warren’s Warning: “No Senator should vote to make it easier for Big Tech to pry into our financial transactions or choke off small businesses and political adversaries from the payments system,” she said.
🔹 Meta’s Reply: Meta’s comms chief Andy Stone insists “Diem is ‘dead.’ There is no Meta stablecoin.”
🔹 Bill Status: The GENIUS Act stalled this week amid Democrat objections—but Warren vows to fix it “as early as next week” to lock out tech giants.
🔹 Broader Scrutiny: Warren also grilled Treasury Secretary Scott Bessent on Binance’s U.S. negotiations, underscoring her deep dive into crypto oversight.

💬 Your Take: Should Big Tech be banned from stablecoin issuance, or are these corporate capabilities vital for payments innovation? Drop your verdict below!
🔁 REPOST to supercharge the Square algorithm—let’s make this debate explode!

@FaisalCrypto007

#Stablecoins #meta #AltcoinSeasonComing #AltcoinTrade #BinanceSquare

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