Stablecoin Bill Passage Signals Start of New Financial Revolution in America, According to Coinbase CEO Brian Armstrong

Description

Coinbase chief executive Brian Armstrong believes that the signing of a stablecoin bill into law marks the beginning of a new financial era in the US. On July 18th, President Trump signed the GENIUS Act into law with the aim of strengthening the US dollar’s reserve currency status and making America the “undisputed leader” in digital assets. The law establishes a regulatory framework for stablecoins, cryptocurrencies pegged to the US dollar, requiring each token to be fully backed by liquid asse...