$USDC USDT Flees Overnight! The U.S. GENIUS Act is Implemented, and a Major Restructuring of Stablecoins Begins

Nuclear Level Regulation: The U.S. Locks Down Stablecoins

The U.S. Senate Passed the GENIUS Act with a 68:30 Vote, Completely Ending the 'Wild Growth' Era of Stablecoins

The Core of the Bill Comes Down to Two Points: 1:1 Dollar Reserves + Federal License, Forcing Tether to Move Its Headquarters to El Salvador Overnight, While USDC Reaps Compliance Dividends

This Regulatory Earthquake Is Not 'Industry Norms', But the Beginning of the U.S. Using Dollar Hegemony to Harvest the On-Chain World

1. Core of the Bill: Retail Investors are Safe, but USDT is in Trouble

100% Reserve Requirement: All Stablecoins Must Be Fully Backed by Cash or Short-Term U.S. Treasury Bonds Moving Forward, Prohibiting Algorithmic Stablecoins' 'Air Anchoring'. Users Can Redeem for USD at Any Time, Significantly Reducing Bank Run Risks.