Killer PurPLE

#fedproposespaymentstablecoinrules 🚨 THE FED IS BRINGING STABLECOINS CLOSER TO TRADITIONAL FINANCE. The Federal Reserve has proposed new rules for payment stablecoin issuers under the GENIUS Act. 💵 Full backing with permitted reserve assets 🏦 Short-term U.S. Treasury bills could qualify as reserves 🛡️ New capital & risk-management requirements 🏛️ Fed-supervised banks could apply to issue payment stablecoins ⏳ Public comments open for 60 days This could be another major step toward regulated stablecoins becoming part of the U.S. payments system. 👀 Stablecoins are getting serious attention from Wall Street. #Fed #stablecoin #crypto