🚨 BREAKING: The Federal Reserve has proposed new rules for payment stablecoins to implement the GENIUS Act. 🏦💵
$XRP

Key points:
✅ 1:1 reserve backing
✅ Redemption within 2 business days
✅ New capital requirements
✅ 120-day Fed review for bank issuers

The U.S. is moving closer to a clear stablecoin framework. Could this accelerate adoption for $USDT & $USDC ? 👀🔥

#Stablecoin #Fed #GENIUSAct #CryptoRegulation #BinanceSquare