Today the focus is on the GENIUS Act, a bill that could completely restart the approach to stablecoins. If passed, stablecoins like $USDC and $USDT will receive official status as payment instruments, and control will shift from the SEC to a more crypto-friendly structure — the CFTC.
What does this mean?
— 💵 Stablecoins will become legitimate for the masses
— 🏦 Banks and fintech will receive the green light for their use
— 📈 The market may open new growth levels
There is currently a discussion, and this is one of the hottest days for the entire crypto industry.
If you hold stablecoins, watch closely. If not, then it's time to understand how they can change the financial system.
