As an old leek who has been in the financial circle for many years, I can say responsibly: the passage of the GENIUS bill is a historic moment for stablecoins and the starting point for the full take-off of #RWA and on-chain finance.
This bill finally sets the rules for US dollar stablecoins (such as USDC): who can issue them, how to issue them, how to audit, and who will cover the risks - clear and compliant, which means that institutions can come in.
With the national endorsement of stablecoins, #RWA naturally came naturally. The on-chain issuance, trading, and clearing of real estate, bonds, gold, and stocks are lower in cost and more efficient, and there is no threshold for global circulation.
This is not only an opportunity for first-mover projects such as #Circle and #Plume, but also the "next cycle engine" that we investors should pay attention to. The story of the next decade has just begun.
Expect even better performance from #Plume. 🧐
📜 A historic moment: cryptocurrency and capital markets enter a new era, marking the age of Plume.
The U.S. House of Representatives has just passed the GENIUS Act with overwhelming bipartisan support — the first major legislation on stablecoins.
🇺🇸 The United States is finally beginning to embrace the future of currency and markets.
🧵 This is significant for the entire industry 👇
1️⃣ Clear regulations, unlocking growth potential
The GENIUS and CLARITY Acts signify that the U.S. is officially setting the rules of the game for stablecoins and on-chain capital markets, clearing obstacles for institutions and innovators.
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