#GENIUSAct The GENIUS Act 🏛️ is a proposed US law focused on creating regulatory frameworks for stablecoins 💵, aiming to provide consumer protection and market stability 🌍. Lawmakers are currently voting on it 🗳️, with many expecting it to pass through the Senate 🤞. Stablecoins like USDT (Tether) 📊, with a market cap of

$83.3B 💰, and USDC (USD Coin) 💳, valued at $32.5B 🏦, are the most prominent digital currencies in the market. On Binance 💹, USDT holds a 61% market dominance 📈, while USDC has around 24% 📉. While stablecoins offer stability, they don't support all coins on Binance 🔒; they primarily back specific pairs like BTC/USDT or ETH/USDC 🔄