Christopher Waller confirmed that the Federal Reserve (Fred) on board with the setting of Stablecoin regulations because it will enhance the state of the dollar currency.
This comment comes immediately after the Senate members of Hajari and Lomis presented the Genius Act (Directing and Establishing the National Innovation of the American Stablecoins) for the year 2025.
President Trump Trump Caesar David Sachs also confirmed that Stablecoin’s legislation is a top priority and can be approved within six months.
What does this focus on Stablecoins mean for the American economy and the encryption market? Let’s zoom.
The genius law provides stablecoin reserve requirements
One of the points attached to the approval of the previous Stablecoin bills was the discussion about who should be supervised.
If the individual states are allowed to organize it, you may participate in a “to the bottom”, in an attempt to attract Stablecoin with LAX requirements.
The result? Weak organization in the country and the risk of the entire financial system.
the Genius The national standards of Stablecoin. While countries can Supervision Stablecoins with the maximum market is less than $ 10 billion, the requirements of backup assets will be determined at the federal level.
The draft law requires that Stablecoins be supported with safe and liquid assets such as short -term US money and securities instead of long -term bonds or corporate debts.
The Chairman of the Senate Banking Committee, Tim Scott, notes that “Stablecoins enables faster and cheapest transactions”, so he aims to provide legislation to sign the president within 100 days.
Now, Waller says that the Federal Reserve will support a broader dependence on the country with a dollar because it will expand the global dollar.
This is completely logical since the dollar has lost its hegemony over the Chinese yuan, especially with the Paper Alliance pushing to cancel the installation.
Waller views Stablecoins as a “clear addition” to the current payment system that can increase the use of the dollar in international trade.
The best code portfolio (best $) opens the doors on encryption for new users
New legislation is the first step to make Stablecoins part of Trump’s national coding stock in the framework of the American sovereign wealth fund.
This can open the doors of Altcoins like $ ETH, $ XRP and $ Sol enter the government portfolio.
In short, this is bullish news for the entire encryption market.
Crypto will not be allocated for the financing margin – it will be moved. This means that almost everyone will have an encryption wallet.
The need for beginners -friendly storage solutions can help get the best portfolio to capture 40 % of the market by 2026. This non -intermediate portfolio allows you to sell assets, purchase, switching and sharing through many chains from one application.
Moreover, the best portfolio is the first and only application that allows direct access to the best, such as Solaxy and Mind of Pepe. Investing in new promising projects has become faster because you do not need to leave your wallet.
It gives the best $ Token its holders a set of benefits, including low trading fees and higher returns. Society also gets voting for new features and partnerships.
The first trap has invested $ 9.2 million at the best pre -symbol $. One symbol now costs $ 0.0239, which is the lowest entry point in the ecosystem. The price will increase tomorrow and it is likely to rise after a $ launch on the stock exchanges.
Final notes
The support of the Federal Reserve for Stablecoins and the legislative efforts of the two parties show that we are entering a new era of profitable America.
This is just one piece of a much larger puzzle. In the long run, Crypto can deeply integrated into our daily lives and the wider financial order.
With the growth of encryption dependence, as well as demand for reliable storage solutions. The best wallet will benefit from the user base quickly.
However, Dyor Remember before investing in any encryption project. Even with clearer regulations, the market is still volatile, and there are no guaranteed gains.
