🧠 Genius Act Advances—Tightening Stablecoin Oversight in the U.S. 🇺🇸

The U.S. Senate just passed the Genius Act to regulate stablecoins like USDT,ETH and USDC, requiring them to be fully backed by liquid assets and audited annually . It also paves the way for banks and retailers to issue their own coins!

✅ That means more trust in regulated stablecoins

✅ Smaller stablecoin issuers may leave

✅ Circle’s USDC could gain real dominance

✅ Expect more innovation from mainstream players

For Binance users, a more stable and regulated stablecoin environment equals safer trading, less volatility, and institutional-grade support. Watch this space—it could influence which stablecoins dominate the market.

#BinanceSquare #StablecoinRegulation #USDT #CryptoLaw #BinanceAlphaAlert