The stablecoin GENIUS Act, which was just passed in the United States, sets the following requirements for stablecoin issuers:
1. Reserve requirements: Issuers must hold reserve assets (such as US dollars, short-term Treasury bonds, etc.) at a 1:1 ratio.
#GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert