ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform stating that the GENIUS bill is very favorable to Crypto Assets, and the market capitalization of stablecoins will rise rapidly by 10 times.
But it might be better if the bill was decided by market participants through it, rather than by politicians at the mercy of corporate donors. The U.S. Congress agreed that stablecoins are good for the United States, and the best measure of the bill's success is the total market capitalization of stablecoins. Anyone can put their money where it counts, and the market decides the best way to achieve it.
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1confirmation founder: The market capitalization of stablecoins will rise 10 times due to the approval of the GENIUS bill.
ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform stating that the GENIUS bill is very favorable to Crypto Assets, and the market capitalization of stablecoins will rise rapidly by 10 times. But it might be better if the bill was decided by market participants through it, rather than by politicians at the mercy of corporate donors. The U.S. Congress agreed that stablecoins are good for the United States, and the best measure of the bill's success is the total market capitalization of stablecoins. Anyone can put their money where it counts, and the market decides the best way to achieve it.