🇺🇸🔐 U.S. SENATE PASSES “GENIUS ACT” – A MASSIVE WIN FOR STABLECOINS!
Today, the U.S. Senate approved the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) in a 68–30 bipartisan vote—the first-ever federal framework for stablecoins 🎉 .
Here’s what makes it HUGE:
🛡️ 1-to-1 asset backing: Stablecoins like USDC, Tether must hold liquid assets in reserve
📊 Monthly audits & disclosures: Greater trust, transparency
🔒 Holder protection: In a bankruptcy, stablecoin holders get priority over other creditors
Major payment giants like Visa, Mastercard, Walmart, Meta are gearing up to integrate stablecoins right into their ecosystems .
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🚀 WHY IT MATTERS NOW:
Stablecoins gain credibility, becoming real tools—not just crypto playgrounds
Coinbase stock jumped 16% after the Senate vote—big moves are already being made
New integrations with Shopify & payment platforms mean usable stablecoins are on the horizon
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💬 COMMENT below: Are you excited about digital dollars going mainstream?
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#Crypto #Stablecoins #GENIUSAct #USDC #BinanceSquareFamily #defi #Web3 $BTC
