GENIUS or Overreach? U.S. Moves to Regulate Stablecoins!
The GENIUS Act just took a major step forward — and it could change the future of stablecoins in the U.S.
What it proposes:
✅ 100% asset-backed stablecoins
✅ Full transparency & mandatory audits
✅ No Big Tech stablecoin dominance
✅ Legal clarity for both issuers & users
But here's the twist:
👀 Trump’s new “USD1” stablecoin and memecoin ventures sparked backlash in Congress.
💬 Is this regulation to protect users — or to control political narratives?
🔻 Sound off:
Do you support the GENIUS Act?
Does it enable mainstream adoption or block crypto innovation?
👇 Drop your view in the comments.