📰 【Circle urge OCC to finalize strong GENIUS bill stablecoin rules】


Circle urges the OCC to finalize clear and uniformly applicable GENIUS bill rules to regulate payment-type stablecoin issuers. The company states that the proposed framework should support reliable redemption of regulated digital payment tools and strong risk management.
Brothers, see that? Circle's old foxes are getting anxious, pushing the OCC to quickly finalize the stablecoin rules for $USDC. Basically, they want to use compliance as a moat to wipe out those shady stablecoins. This is good for us retail investors, making USDC redemption more stable, but don’t expect them to do it out of kindness. Remember, the more regulated the stablecoins, the more ruthless the big players’ shakeouts. Don’t foolishly treat stablecoins as deposits; it’s time to buy the dip $BTC $BTC
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