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🚨 JUST IN: The Chairman of the Federal Deposit Insurance Corporation says stablecoins will not receive any form of deposit insurance under the GENIUS Act, meaning they will not be treated like traditional bank deposits.#StablecoinNews $USDC $USDT 

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}🚨 JUST IN: The Chairman of the Federal Deposit Insurance Corporation says stablecoins will not receive any form of deposit insurance under the GENIUS Act, meaning they will not be treated like traditional bank deposits.

🚨 JUST IN: The Chairman of the Federal Deposit Insurance Corporation says stablecoins will not receive any form of deposit insurance under the GENIUS Act, meaning they will not be treated like traditional bank deposits.