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Dinesha Madhubhashani
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Dinesha Madhubhashani
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Thank You Binance 🥰🥳 #points #TokenVouchers #write2earn🌐💹 #BinanceSquareFamily
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$USDC Here’s the current info on the USDC coin pair (USDC/USD) for today, June 19, 2025: 📊 USDC/USD Price: • Roughly $1.00, with very minor fluctuations around $0.9999–1.0001 depending on the source . • 24‑hour trading volume is approximately $10 billion . • Market capitalization sits at about $61.4 billion . ⸻ Why It’s Stable USDC is a stablecoin pegged to the US dollar in a 1:1 ratio. It’s backed by actual US dollar reserves held in regulated institutions, regularly attested to by third-party audits . Its goal is to stay at $1, with only tiny deviations due to trading dynamics. ⸻ Common USDC Pairings Besides USDC/USD, standard crypto pairings include: • USDC/USDT: Trading around 0.9997 USDT . • On platforms like Binance or Coinbase, you’ll also find BTC/USDC, ETH/USDC, and others . ⸻ Should You Use It Today? • ✅ Ideal for stability — USDC is great for parking funds in crypto markets without the volatility of Bitcoin or Ethereum. • 📈 Liquidity — Huge 24h volume means easy conversions. • 🔒 Safety — Regular audits and full backing make it one of the most transparent stablecoins. ⸻ Quick Snapshot Metric Value Price ≈ $1.00 24‑Hour Volume ~$10 billion Market Cap ~$61.4 billion Peg Deviation ±0.01% or less ⸻ Bottom line: USDC is performing exactly as intended—maintaining its $1 peg with tiny oscillations. If you’re moving money or hedging in the crypto space today, it’s a rock-solid, liquid option. $USDC
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#CryptoStocks Crypto stocks are shares of publicly traded companies that are directly or indirectly involved in the cryptocurrency industry. These companies may: 1. Mine cryptocurrencies – e.g., Marathon Digital Holdings, Riot Platforms. 2. Operate crypto exchanges – e.g., Coinbase Global. 3. Provide blockchain technology or services – e.g., Block (formerly Square), Nvidia (produces GPUs used in mining). 4. Hold cryptocurrencies as assets – e.g., MicroStrategy (holds large amounts of Bitcoin). Why investors consider crypto stocks: • Easier access than buying cryptocurrencies directly. • Potential to benefit from the growth of the crypto sector. • Traded on traditional stock markets, making them more regulated. $BTC $BNB $ETH
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#everyone Plz Help 🥹 #WORD_OF_THE_DAY_BINANCE #Write2Earn #BinanceSquareTalks
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#GENIUSActPass Here’s a concise note on the GENIUS Act as featured by Binance: ⸻ 🏛️ What is the GENIUS Act? • Officially known as the Guiding and Establishing National Innovation for US Stablecoins Act, it passed the U.S. Senate on June 17, 2025 by a 68–30 bipartisan vote . • Represents the first federal regulatory framework for stablecoins in the U.S., targeting a rapidly growing market now valued around $250 billion . ⸻ 🏦 Key Provisions • Full-reserve requirement: All stablecoins must be backed 1:1 by liquid assets (e.g., USD, Treasury bonds). • Regular audits & transparency: Monthly (or annual for larger issuers) audits and reserve disclosures to consumers . • Consumer protections & AML: Aligns stablecoin issuers under federal anti-money‑laundering rules and places stablecoin debtors above other creditors in insolvency cases . • Issuer eligibility & branding rules: Banks, fintechs, and retailers can issue stablecoins, though they can’t use misleading terms like “US” or “FDIC” in branding . ⸻ 🚨 Controversy & Criticism • Ethical concerns: Critics including Senator Elizabeth Warren argue the Act could benefit President Trump and his family’s crypto ventures, particularly World Liberty Financial . • Privacy & oversight gaps: Some Democrats opposed the Act over insufficient anti-corruption and national-security protections, citing missing provisions for foreign stablecoin issuers and AML enforcement . ⸻ 🔜 Next Steps for the GENIUS Act • The bill now moves to the U.S. House of Representatives, where it is expected to be reconciled with the House’s own STABLE Act—a process likely to continue into the summer . • If enacted into law, it will establish federal control through the Treasury, CFPB, and FTC—paving the way for institutional stablecoin adoption . ⸻
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