⚡️🇺🇸 NEW - The new Bitcoin-focused GENIUS Act just dropped — and its raising eyebrows. Clearer rules — tighter control.

It lets U.S. regulators block foreign stablecoins like Tether if non-compliant, potentially paving the way for domestic stablecoins to thrive.

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Stablecoin 👏 is 👏 the 👏 new 👏 CBDC 👏

Duh. Stablecoins were never not just fiat.

I don’t know, was anyone expecting something else? Have we forgotten that domestic stablecoins are indistinguishable from CBDCs?

Confusing situation. Perhaps Tether is not a target because it is one of the largest buyers of US bonds.