thaitraderoficial
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🚀 Regulation in the U.S. could trigger a historic bull run, says Trump executive 🤑
The possible approval of the GENIUS Act in the US represents a turning point for the stablecoin market. According to David Sacks, this regulation would bring legal security to a market that already moves more than $200 billion, unlocking massive demand for US Treasury bonds.
This is relevant because, in practice, the more stablecoins issued backed by Treasurys, the greater the connection between the crypto market and the traditional US economy, strengthening the dollar digitally and expanding the liquidity of the global financial system.
This is relevant because, in practice, the more stablecoins issued backed by Treasurys, the greater the connection between the crypto market and the traditional US economy, strengthening the dollar digitally and expanding the liquidity of the global financial system.
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