Itâs OFFICIAL: President Trump just signed the GENIUS Act â the first-ever federal crypto law in U.S. history, giving stablecoins like $USDC and $USDT a permanent place in the financial system. đđ„
đŹ âCrypto has outperformed any stock⊠and benefits the dollar AND the nation.â â Trump
đč What the Law Does:
â 100% Real-Asset Backing Required (no more fake reserves)
â Annual Audits for issuers with $50B+ market cap
â USDC & USDT now under federal legal protection
â Allows stablecoins in retirement accounts đ°
â Prohibits algorithmic coins (bye-bye ponzis)
đŻ Key Agencies:
Fed regulates big-bank issuers
OCC regulates non-bank issuers (over $10B)
đ Attendees Included:
Brian Armstrong (Coinbase)
Jeremy Allaire (Circle)
Paolo Ardoino (Tether)
Winklevoss Twins (Gemini)
Dave Ripley (Kraken)
đĄ Why It Matters:
This is regulatory clarity the crypto market has begged for â and itâs finally here. Expect mass adoption, clearer compliance paths, and institutional inflows.
đ Stocks of $USDC-related firms like Circle are already pumping (+18.2%).
This bill just lit the fuse.
đ America is now the global leader in crypto regulation.
Trump isnât stopping here. He promised to sign market structure bills by end of year â the full crypto playbook is coming. đ§ đ
#GENIUSAct #CryptoMarket4T #BinanceHODLerC #AltcoinBreakout #PowellVsTrump