#GENIUSActPass $BTC $ETH $SOL

A big step in regulating stablecoins! 🇺🇸💵

The U.S. Congress has passed the GENIUS Act, which establishes a legal framework for the stablecoin market. This step could lead to significant changes in the DeFi and cryptocurrency space.

🔍 What does the GENIUS Act provide?

✅ Mandatory licensing for stablecoin issuance

✅ 100% reserve backing with fiat currency

✅ Transparent audits and regular reporting

✅ Oversight by the Federal Reserve and the U.S. Department of the Treasury

💡 Why is this important?

The law could increase institutional investors' trust in stablecoins like USDT and USDC. It will also reduce the risks of manipulation and reserve shortages.

📉 But some believe this is the beginning of strict government control over DeFi.

🧠 What do you think?

Will this law bring stability to the market or threaten the freedom of DeFi?

👇 Share your opinion in the comments and share the post!