Big news for crypto! The US Senate is working on a new law about stablecoins. Stablecoins are like special digital money that tries to always be worth $1. This law is important because it wants to make sure stablecoins are safe and fair.
- The law will mostly affect big stablecoins like Tether (USDT) and USDC.
- It wants to make sure these coins follow strict rules about how they work.
- The law might make US stablecoins better than others from other countries.
Fact | Detail |
---|---|
Bill Name | GENIUS Act |
Vote Date | March 13th |
Amount | Stablecoins over $10 billion affected |
Prediction | Might make US stablecoins more popular |