GENIUS Act passage paves way for institutional stablecoin use 🇺🇸
The GENIUS Act is advancing towards becoming law, signifying a major shift for the stablecoin landscape in the United States. This development could position stablecoin issuers as influential entities within the US economy, potentially altering traditional economic structures.
With its passage, the GENIUS Act aims to provide a clearer regulatory framework, enabling institutional players to engage more actively with stablecoins. This may lead to increased adoption and integration of digital currencies in various economic sectors.
Source: cointelegraph.com ↗
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