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Breaking: The U.S. Just Set the Ground Rules for Stablecoins
A new law — the GENIUS Act — is quickly gaining momentum in the Senate, and it could reshape the entire crypto landscape.
Here’s what’s in it:
Stablecoins must be backed 1:1 with real assets (cash, T-bills, or Federal Reserve deposits)
Strict requirements: audits, transparency, and licensing
Non-compliant issuers? Banned from operating in the U.S.
This isn’t about which stablecoin wins — it’s about who can survive the shake-up.
Circle (USDC) is prepared
Tether (USDT) is facing scrutiny
Banks want a piece of the action
Congress wants clarity
Crypto is about to grow up — fast. If you’re overlooking stablecoins, you might already be falling behind.
Like, follow, and weigh in: Will stablecoins become the next $1 trillion market?
#USDC #CryptoNews #Stablecoins #GENIUSAct
