#USStablecoinBill The U.S. Senate is moving forward with the officially known as the GENIUS Act, aiming to bring clear rules to stablecoins like USDC and Tether. 💵 This bipartisan bill would require stablecoins to be backed 1:1 with cash or safe assets, mandate monthly audits, and enforce anti-money laundering standards. 🔍 Some concerns have been raised about oversight and political ties—especially with reports linking Trump’s family to a major stablecoin deal. ⚖️ If approved, the bill could become law within months, marking a major shift in U.S. crypto regulation. 🚀
#Blockchain #CryptoLaw #USDC #Tether