$USDC

📣 The GENIUS Act takes a historic step towards the regulation of stablecoins! 🇺🇸💥

Through a bipartisan vote (68–30), the United States Senate approved the GENIUS Act today, becoming the first federal legislation to regulate digital stablecoins in the United States.

📌 Highlights of the law:

Requirement to back each stablecoin 1:1 with cash or government bonds.

Monthly transparency reports on reserves.

Direct oversight by regulatory entities to ensure safety and trust.

📈 A step like this paves the way for the adoption of stablecoins as a legal means of payment and opens the door for large financial institutions to enter the space.

🔍 My vision:

This decision reinforces institutional trust in digital currencies.

Opportunity for the rise of USDC and other stablecoins.

It is expected to encourage banks and large corporations to adopt blockchain-based solutions.

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💬 Do you think this step will accelerate the adoption of digital currencies in our daily lives? And is USDC the biggest beneficiary? Share your opinion 👇