Important news for everyone holding stablecoins! The U.S. Congress Senate has supported the GENIUS Act, which provides for federal regulation of stablecoins.
Why is this important?
● Stability: Potentially makes the stablecoin market more reliable and predictable.
● Institutional interest: Will attract even more major players as it reduces risks.
● Broad recognition: May accelerate the integration of stablecoins into traditional financial systems.
What do you think, will this have a positive or negative impact on the market? Share your opinion! 👇