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Dinesha Madhubhashani
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#WORDOFTHEDAYā Today 4 letters words š„³šš„¹ #Write2Earn #BinanceSquareTalks $BTC $USDC $SOL
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$USDC Hereās the current info on the USDC coin pair (USDC/USD) for today, June 19, 2025: š USDC/USD Price: ⢠Roughly $1.00, with very minor fluctuations around $0.9999ā1.0001 depending on the source ļæ¼. ⢠24āhour trading volume is approximately $10āÆbillion ļæ¼. ⢠Market capitalization sits at about $61.4āÆbillion ļæ¼. āø» Why Itās Stable USDC is a stablecoin pegged to the US dollar in a 1:1 ratio. Itās backed by actual US dollar reserves held in regulated institutions, regularly attested to by third-party audits ļæ¼. Its goal is to stay at $1, with only tiny deviations due to trading dynamics. āø» Common USDC Pairings Besides USDC/USD, standard crypto pairings include: ⢠USDC/USDT: Trading around 0.9997āÆUSDT ļæ¼. ⢠On platforms like Binance or Coinbase, youāll also find BTC/USDC, ETH/USDC, and others . āø» Should You Use It Today? ⢠ā Ideal for stability ā USDC is great for parking funds in crypto markets without the volatility of Bitcoin or Ethereum. ⢠š Liquidity ā Huge 24h volume means easy conversions. ⢠š Safety ā Regular audits and full backing make it one of the most transparent stablecoins. āø» Quick Snapshot Metric Value Price āāÆ$1.00 24āHour Volume ~$10āÆbillion Market Cap ~$61.4āÆbillion Peg Deviation ±0.01% or less āø» Bottom line: USDC is performing exactly as intendedāmaintaining its $1 peg with tiny oscillations. If youāre moving money or hedging in the crypto space today, itās 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 ā e.g., Marathon Digital Holdings, Riot Platforms. 2. Operate crypto exchanges ā e.g., Coinbase Global. 3. Provide blockchain technology or services ā e.g., Block (formerly Square), Nvidia (produces GPUs used in mining). 4. Hold cryptocurrencies as assets ā 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 š„¹ #WORD_OF_THE_DAY_BINANCE #Write2Earn #BinanceSquareTalks
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#GENIUSActPass Hereās a concise note on the GENIUS Act as featured by Binance: āø» šļø 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 68ā30 bipartisan vote ļæ¼. ⢠Represents the first federal regulatory framework for stablecoins in the U.S., targeting a rapidly growing market now valued around $250 billion ļæ¼. āø» š¦ 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 ļæ¼. ⢠Consumer protections & AML: Aligns stablecoin issuers under federal anti-moneyālaundering rules and places stablecoin debtors above other creditors in insolvency cases ļæ¼. ⢠Issuer eligibility & branding rules: Banks, fintechs, and retailers can issue stablecoins, though they canāt use misleading terms like āUSā or āFDICā in branding ļæ¼. āø» šØ Controversy & Criticism ⢠Ethical concerns: Critics including Senator Elizabeth Warren argue the Act could benefit President Trump and his familyās crypto ventures, particularly World Liberty Financial ļæ¼. ⢠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 ļæ¼. āø» š 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 Houseās own STABLE Actāa process likely to continue into the summer ļæ¼. ⢠If enacted into law, it will establish federal control through the Treasury, CFPB, and FTCāpaving the way for institutional stablecoin adoption ļæ¼. āø»
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