🚨 SENATE PASSES GENIUS ACT—STABLECOIN RULEBOOK UNLOCKED 🚨
🔹 $USDC
🔹 Key Indicators:
• Historic Vote: Senate approved the GENIUS Act 68–30, marking the first major stablecoin framework to clear the chamber $BTC
• Next Stop: Bill now heads to the Republican controlled House, where amendments on market structure or AML could be added
• 1:1 Reserve Rule: Mandates full USD backing in safe, liquid assets (e.g., U.S. Treasuries) with regular audits to ensure transparency
• Floodgates Forecast: Treasury Sec. Scott Bessent projects stablecoins could grow into a $3.7 T market by decade’s end under clear rules
• Corporate Radar: Apple, Google, X, Airbnb and others are reportedly eyeing their own stablecoin launches as the US “writes the rulebook”
💬 Your take: Drop “⚖️” if you welcome strong guardrails or “🚨” if you fear overregulation & tag @FaisalCrypto007 !@CZ @Chris Cao @Larryhodl
🔁 Also repost as New Post to hijack the Square algorithm—shape the future of programmable money!
