GENIUS or Overreach? U.S. Moves to Regulate Stablecoins!

#GENIUSAct

The GENIUS Act just took a major step forward — and it could change the future of stablecoins in the U.S.

What it proposes:

✅ 100% asset-backed stablecoins

✅ Full transparency & mandatory audits

✅ No Big Tech stablecoin dominance

✅ Legal clarity for both issuers & users

But here's the twist:

👀 Trump’s new “USD1” stablecoin and memecoin ventures sparked backlash in Congress.

💬 Is this regulation to protect users — or to control political narratives?

🔻 Sound off:

Do you support the GENIUS Act?

Does it enable mainstream adoption or block crypto innovation?

👇 Drop your view in the comments.