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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