$USDC
🇺🇸 Stablecoin Battle in the U.S.
Bank of America, together with the American Bankers Association and the Bank Policy Institute, is lobbying Congress for amendments that would limit the issuance of dollar-backed stablecoins to regulated banks only—excluding major tech and crypto firms
Among BoA’s allies are Fidelity, Goldman Sachs and BNY Mellon, while non‑bank issuers face strict restrictions or an outright ban on token issuance
💲 💵 Meanwhile, Circle is actively promoting USDC as a “model” of regulatory compliance, and Tether is preparing for a mandatory Big Four‑standard audit and exploring the creation of a separate U.S. jurisdiction
🤔 The final vote on the GENIUS Act (Senate) and the STABLE Act (House) will determine who gains control of the market
#StablecoinRevolution #circlecrypto #BinanceAlphaAlert #SaylorBTCPurchase #PowellRemarks