🇺🇸💣 Will Stablecoin Regulation Shake the Crypto World?!
The GENIUS Bill (Guaranteed Essential National Infrastructure for US) is currently in the spotlight in the United States! 🔥
If passed, this legislation could force stablecoin issuers like Tether (USDT) to undergo a complete audit of their asset reserves. 😳
Why is this important?
Because so far, there have been many questions about:
❓ Does 1 USDT really have a guarantee of 1 USD?
❓ How safe are we placing funds in stablecoins?
On one hand, this regulation could make stablecoins more transparent and credible 💼
But on the other hand, excessive regulatory burdens could drive companies like Tether out of the US! 🏃♂️
🤔 So, do you agree with the GENIUS Bill?
Or would you prefer stablecoins to remain free without much government intervention?
Comment below! 👇
