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--Bullish

Under the GENIUS Act, U.S.-issued stablecoins must be backed by USD or U.S. Treasuries — meaning global stablecoin demand indirectly fuels U.S. debt markets and strengthens the dollar.$ETH 
ETH
2,281.95
-2.60%
 #StablecoinPolicy  #DeFi 

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ETH-2.60%

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Under the GENIUS Act, U.S.-issued stablecoins must be backed by USD or U.S. Treasuries — meaning global stablecoin demand indirectly fuels U.S. debt markets and strengthens the dollar.

Under the GENIUS Act, U.S.-issued stablecoins must be backed by USD or U.S. Treasuries — meaning global stablecoin demand indirectly fuels U.S. debt markets and strengthens the dollar.