Nothing Research
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Never underestimate the significance of the U.S. Stablecoin Genius Act
Observations and personal views from Nothing Research Partner 0x_Todd; the following content does not constitute any investment advice.
If the US stablecoin bill (GENIUS Act) passes smoothly, its significance will be tremendous; I even think it could enter the top five in Crypto history.
Although abbreviated as the GENIUS Act, which translates directly to the Genius Act, it actually stands for Guiding and Establishing National Innovation for U.S. Stablecoins, which translates to 'Guiding and Establishing National Innovation for U.S. Stablecoins.'
The proposal is lengthy, let me summarize a few highlights for everyone:
If the US stablecoin bill (GENIUS Act) passes smoothly, its significance will be tremendous; I even think it could enter the top five in Crypto history.
Although abbreviated as the GENIUS Act, which translates directly to the Genius Act, it actually stands for Guiding and Establishing National Innovation for U.S. Stablecoins, which translates to 'Guiding and Establishing National Innovation for U.S. Stablecoins.'
The proposal is lengthy, let me summarize a few highlights for everyone:
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