💥 Stablecoins May Challenge U.S. Federal Reserve After New Law
The new GENIUS Act allows stablecoin issuers to access Federal Reserve services
If they hold safe assets, they can now apply for Fed master accounts and custody rights
This means big stablecoin firms like Circle or Tether could soon play a role like traditional banks
Some experts say this might create tensions with the Fed, especially under future leadership
Crypto just took one bold step closer to the heart of the U.S. banking system
what you think about this ? don't forget to comment 💭
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