#USDTStablecoin ๐บ๐ธ๐ฅ | Massive Shift Incoming in Crypto!
Just when weekend trading slows down and markets go quiet...
BOOM! Major news breaks โ and smart money is already watching.
Whatโs Happening?
The proposed GENIUS Act could completely transform the stablecoin market:
โ Federal rules for #stablecoin issuers
โ Clear collateral and compliance standards
โ Fed oversight for large players (over $10B)
โ Push for US-based stablecoins like USDC and RLUSD
But Thereโs a Twist:
9 Senate Democrats have suddenly pulled their support, raising concerns about:
โ Money laundering risks
โ Threats to traditional finance systems