#Tradersleague The stablecoin bill, or GENiUS law in the US, is a law aimed at maintaining the value of the dollar, and is key to sustaining the demand for US bonds. Thus, the US seeks to reinforce its control over the global stablecoin market and thereby strengthen the value of the dollar (USD). This is an attempt to curb the de-dollarization efforts led by some countries. This project establishes that both tether (USDT) and usdcoin (USDC) could fall under its regulatory oversight, thus being subject to supervision and audit of their assets, proposing that stablecoins be backed only by the $ (USD) treasury bills and other assets. This law is generating great expectations in the ecosystem, as it could provide greater legitimacy to stablecoins and cryptocurrencies.$BTC .💯💢💵
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