#BTCBreaksATH110K A proposed stablecoin regulation bill in the US, known as the GENIUS Act, could boost demand for US Treasury bonds, according to cryptocurrency advisor David Sacks. The bill aims to provide a legal framework for the $200 billion unregulated stablecoin market. Senator Bill Hager ta's framework restricts stablecoin issuance to approved entities and requires timely redemption procedures. This move seeks to balance stablecoin growth with consumer protection and financial stability. The bill has overcome a procedural hurdle in the Senate.#BinanceHODLerHAEDAL$BTC
