The U.S. Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act (S. 394) by a vote of 68-30, establishing the first comprehensive federal framework for fiat-backed stablecoins.
The shitshow will be huge!! The printer will be minting now??
Next up a CBDC ushered in by Bitcoiners, what an absolute disgrace.
"Three great forces rule the world: stupidity, fear and greed."
The strongest of them is greed everlasting.
For once the world has a way to come out of the fiat trap but stupidity and fear are hand in hand with greed.