What everyone is seeing now is definitely the biggest news of the day, the U.S. Senate has passed the GENIUS Act. Some newcomers may not understand what this is about, so to put it simply, it aims to establish regulations for stablecoins and issue 'IDs' for them.

To be more specific, stablecoins like USDT and USDC that we often use may become more legal and secure, allowing for safer usage, with banks, companies, and even governments possibly starting to adopt them. This is a huge positive for the entire crypto space!

However, not everyone can celebrate because if you want to issue your own stablecoin, it won't be that easy anymore; the barriers will be much higher. Moreover, non-compliant projects may face elimination. Those smaller coins that survive by skirting regulations might cool off even faster.

The passage of the GENIUS Act means the crypto space is about to undergo a reshuffle; the era of reckless growth is coming to an end, and the era of compliance is beginning.

This is an opportunity for 'regular forces' to enter, but it is also a signal for retail investors to be more cautious. Don't be overly excited or panic; just recognize the trend. Those who want to engage in crypto now need to think more and fantasize less.

Compliance is the real big wave opportunity.

#Stablecoins #Cryptocurrency #GENIUSAct