📢 Breaking: U.S. Senate pushes for “clean” GENIUS Act to regulate stablecoins 🇺🇸
➡️ The Senate passed the GENIUS Act with strong bipartisan support. This bill sets clear guidelines on reserve requirements and oversight for stablecoins — and avoids adding broader crypto exchange regulations .
🧩 Why it matters:
Provides legal clarity for USDC, BUSD, and other stablecoins.
Could boost adoption and institutional confidence.
May help reduce interest rates on U.S. debt through stablecoin-backed Treasury demand .
🤔 What do YOU think?
Will this drive more money into stablecoins?
Could it impact Binance trading pairs or lending programs?
#Binance #CryptoNews #Stablecoins #GENIUSAct #TradingUpdate #USDC