Justin Wu π
Justin Wu π|Jun 18, 2025 08:21
The GENIUS Act just quietly rewrote the stablecoin playbook in the U.S. Only banks, credit unions, or gov-approved entities can issue them now. There will be 1:1 backing with cash or treasuries is mandatory. Audits, freeze functions, and full compliance baked in. This is not just regulation it is a clear message that Stablecoins are no longer a crypto experiment. They are becoming part of the formal U.S. financial system. Big win for USDC and Circle. Big pressure on offshore giants like USDT. But the bigger question now is Is this the future of crypto we envisioned or just TradFi with extra steps? The choice is simple Comply, or GTFO. Now for today, All eyes on FOMC. Mark up your calenders for today Time in clicking Tick tock tick tock
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