📰 【Circle urges OCC to finalize strong GENIUS bill stablecoin regulations】


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, these 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 retail investors; future USDC redemptions will be more stable, but don’t expect them to act kindly. Remember, the more regulated stablecoins are, the more aggressive the big players’ shakeouts, so don’t foolishly treat stablecoins as deposits—be ready to buy the dip $BTC $BTC
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