FDIC Drops The Hammer: US Banks Can Now Issue Stablecoins. $USDC is on Notice. š¦
The FDIC has officially unveiled the regulatory blueprint allowing US banks to issue payment stablecoins under the GENIUS Act. This is a monumental shift. Traditional financial institutions must now establish approved subsidiaries to participate in the digital dollar market. This framework legitimizes stablecoins as a core banking product, paving the way for massive institutional adoption. The competition for $USDC is about to get fierce, fundamentally changing the landscape for $BTC liquidity and institutional trust. This is the institutionalization of crypto happening in real-time. š”
#Stablecoins #FDIC #Regulation #BTC
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