🚨 GENIUS ACT JUST PASSED — STABLECOINS GET U.S. LEGAL BACKING! 🔐💸
The U.S. now has its first federal crypto law, and it’s all about stablecoins. The GENIUS Act enforces:
- ✅ 100% cash/Treasury reserves
- ✅ Monthly audits for transparency
- ✅ Ban on algorithmic models
- ✅ Dual federal–state licensing
- ✅ Clear rule: stablecoins aren’t securities
---
🏦 Institutions Reacting Fast
- Circle, PayPal, Stripe ramping deployment
- BlackRock, Amazon, BofA testing integration
- Visa/Mastercard building stablecoin payment rails
---
📊 Coins Impacted Most:
USDC, PYUSD, ONDO, ETH (bullish)
DAI (pressured due to model ban)
---
🧠 Insight
> “Infrastructure builds adoption. The GENIUS Act isn’t hype — it’s a launchpad.” ⚔️📊🔥