🚨 #StablecoinLaw U.S. Just Rewrote the Rules of Global Finance 🌍💵
In a historic crypto milestone, President Donald Trump has officially signed the GENIUS Act — the first major U.S. law regulating stablecoins. Passed with bipartisan support, this landmark move sparked a $4 TRILLION surge in total crypto market value (📊 via CoinGecko).
Trump didn’t hold back, calling it “the greatest financial tech revolution since the Internet.” 🧠⚡
💡 What Are Stablecoins?
Unlike Bitcoin’s wild swings, stablecoins stay steady — pegged 1:1 to real-world assets like the U.S. dollar. Backed by cash or Treasuries, they’re designed for fast, stable, borderless transactions.
🟢 Current Leaders:
Tether (USDT) – $161B
Circle (USDC) – $65B
(Source: CoinMarketCap)
The GENIUS Act opens the door for banks, nonbanks, and even credit unions to launch their own stablecoins. Citigroup’s CEO says they’re already exploring it. 👀
But it’s not all smooth sailing — experts warn of depegging risks if reserves lose value or liquidity. Still, with U.S. law now behind stablecoins, we might be witnessing the future of money in real-time. ⏳💥