Big Names Enter Stablecoin Race After New U.S. Law 🇺🇸💰

Following the GENIUS Act’s approval, giants like Amazon, Walmart, Bank of America, and Citigroup are exploring launching their own USD-backed stablecoins.

📌 Experts say the opportunity is huge—but challenges remain, including KYC compliance, blockchain infrastructure choices, and maintaining full asset backing.

💭 If approved and launched, these stablecoins could transform digital payments and challenge existing players like USDT & USDC.

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