I think this is a good article which also shows how many billionaires will profit from this bill.
tungfa on
boy they are soooooo desperate , and the yields – are doing exactly the opposite so far ! So now it is “all bets on stablecoins” to buy Bonds !? whow … how far did this all get ey
coinfeeds-bot on
tldr; White House crypto czar David Sacks stated that stablecoin legislation, known as the GENIUS Act, could unlock trillions of dollars in demand for U.S. Treasuries. The bill, which aims to regulate stablecoins, has cleared a key procedural vote in the Senate with bipartisan support. However, concerns have been raised about potential conflicts of interest involving President Trump’s personal and family crypto ventures. Stablecoins are seen as a way to enhance payment systems and extend the dominance of the U.S. dollar online.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
GreedVault on
We are indirectly helping the US. Have they even said thank you once?
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I think this is a good article which also shows how many billionaires will profit from this bill.
boy they are soooooo desperate , and the yields – are doing exactly the opposite so far ! So now it is “all bets on stablecoins” to buy Bonds !? whow … how far did this all get ey
tldr; White House crypto czar David Sacks stated that stablecoin legislation, known as the GENIUS Act, could unlock trillions of dollars in demand for U.S. Treasuries. The bill, which aims to regulate stablecoins, has cleared a key procedural vote in the Senate with bipartisan support. However, concerns have been raised about potential conflicts of interest involving President Trump’s personal and family crypto ventures. Stablecoins are seen as a way to enhance payment systems and extend the dominance of the U.S. dollar online.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
We are indirectly helping the US. Have they even said thank you once?