Trump wants the dollar to be the reserve currency of the world, now all the stable coins needs 1:1 peg with dollar, anyone needs crypto they need stable coin, No they need dollar.
BullishBanteer
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🔴 Trump Signs First U.S. Crypto Law – But This Isn’t the Win You Think It Is!
The “GENIUS” Act just legalized stablecoins in the U.S.
Sounds historic, right? Wrong. It’s not a revolution. It’s crypto’s official surrender to the state. 🧊⚠️
Here’s what really happened — in 2 minutes:
🔐 1-to-1 Reserve Rule: Every stablecoin must be backed 1:1 with real USD. No more funny business.
📵 Transaction Freezes: If the government thinks your transaction is “suspicious” — it can be frozen instantly. No warning.
🕵️♂️ Full KYC Required: Passport. Address. Selfie. Proof of income. AML checks. Stablecoin issuers now play detective for Uncle Sam.
🏦 Banks Can Issue Stablecoins: Now it’s legal — but fully state-controlled. The same banks that once feared crypto are now in charge of it.
🛑 All Platforms Need Approval: Want to operate in the U.S.? Ask permission. No license = no service.
This isn’t freedom. It’s a digital leash with a blockchain barcode.
💬 Crypto maxis are screaming — and for good reason. Because “freezing” blockchain transactions isn’t just control... …it’s madness.