Circle: The passage of the GENIUS Act is crucial to the future of money and the internet financial system
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reported that Circle, the issuer of USDC, published an article stating that the House of Representatives voted to approve the GENIUS Act for presidential signature, which is crucial for the future of monetary and internet financial systems. This demonstrates strong bipartisan support for responsible innovation and clearly indicates that the United States will play a leading role in regulating dollar-backed payment stablecoins.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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