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GENIUS Act: A Game-Changer for Stablecoin Regulation and the Crypto Market
The U.S. has taken a major step with the GENIUS Act, a new federal-level plan to regulate stablecoins. This law is expected to transform the digital asset space in three key ways:
1. Big Institutions Are Coming
The GENIUS Act sets clear rules for stablecoin issuance and reserves, which will attract giants like BlackRock and Fidelity to join the crypto space.
2. USD Digital Dominance
Stablecoins must now be backed by short-term U.S. Treasury bonds, creating a closed loop of stablecoin issuance and U.S. debt returns. This
The U.S. has taken a major step with the GENIUS Act, a new federal-level plan to regulate stablecoins. This law is expected to transform the digital asset space in three key ways:
1. Big Institutions Are Coming
The GENIUS Act sets clear rules for stablecoin issuance and reserves, which will attract giants like BlackRock and Fidelity to join the crypto space.
2. USD Digital Dominance
Stablecoins must now be backed by short-term U.S. Treasury bonds, creating a closed loop of stablecoin issuance and U.S. debt returns. This