The GENIUS Act (2025) mandates 100% reserve backing for payment stablecoins on US soil, while Wyoming launched FRNT—the first state-issued stablecoin backed at 102%—demonstrating how digital currencies are evolving from simple payment tools into store-of-value assets that can protect against local currency devaluation in countries like Pakistan, Argentina, Nigeria, and Lebanon where currencies lose 20-90% value annually.
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A Dollar No Government Can Freeze #Shorts本站添加:
The era when a payment was just a payment is closing. The genius act becomes law.
Every payment stablecoin on US soil now requires 100% reserve backing in cash or short treasury. Wyoming launches FRNT, the first stablecoin [music] issued by a US state, backed at 102% by dollars and short-term treasuries. [music] Live on seven blockchains. 2 billion people just made a quieter choice.
In Pakistan, Argentina, Nigeria, Lebanon, where local currencies bleed 20, 40, 90% a year, not a dollar account.
A dollar that the local central bank cannot fear.
The era when a payment was just a payment is closing.
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