#StablecoinLaw USA on the brink of an important decision: a new bill on stablecoins could radically change the landscape of the crypto market. The law is proposed under the GENIUS Act, and its essence is to make the issuance of stablecoins possible only under the control of registered financial institutions.
📊 What this means:
— USDC and USDT may receive a 'trust license',
— new projects will face entry barriers,
— institutional players will get the green light to work with tokenized dollars.
👁🗨 This is a step towards the legalization of crypto in the global economy and a bridge to CBDC.
⚠️ However, decentralized stablecoins like DAI will have to adapt or risk.
The market is responding positively: trust is growing, and the capitalization of stablecoins is on the rise again.
#StablecoinLaw #CryptoRegulation #DeFi #USDC #DAI #GENIUSAct
📊 What this means:
— USDC and USDT may receive a 'trust license',
— new projects will face entry barriers,
— institutional players will get the green light to work with tokenized dollars.
👁🗨 This is a step towards the legalization of crypto in the global economy and a bridge to CBDC.
⚠️ However, decentralized stablecoins like DAI will have to adapt or risk.
The market is responding positively: trust is growing, and the capitalization of stablecoins is on the rise again.
#StablecoinLaw #CryptoRegulation #DeFi #USDC #DAI #GENIUSAct