🚀🇺🇸 BIG NEWS: President Trump just signed the GENIUS Act into law, making history with the FIRST federal framework for U.S. dollar-backed stablecoins! 💸 This game-changer aims to supercharge innovation, protect consumers, and keep the dollar king in the crypto world. 🌟
Here’s the lowdown:
✅ Stablecoin issuers must hold 1:1 reserves with liquid assets.
✅ Strict anti-money laundering rules to keep things legit.
✅ No shady marketing—truth in advertising only!
But wait—there’s buzz! Some say it’s a bold step for U.S. leadership in digital assets, while others, like Sen. Warren, warn it could open doors to crypto corruption tied to Trump’s own ventures. 🤔 What’s your take—boon for blockchain or a risky move? 🗳️
#StableCoins
