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Bitcoin

These encrypted entities will be the largest American Treasury bonds in the world, according to Senator Hajari

Senator Bill Hajariti says that one segment of the encryption industry will likely become the largest US Treasury bond holders.

In a new interview on CNBC TV, Hagerty He says Stablecoin exporters are likely to buy huge sums of US Treasury bonds as backup money to ensure digital assets are inlaid in dollars.

My immigration says,

“Stablecoin exporters will be the largest American Treasury bonds in the world.”

The migrants of the American Stablecoins (Genius) law, which aims to create federal regulations on the use of Stablecoins. The draft law is currently being discussed by Congress.

My Hajar was asked, I was asked what would return to Stablecoins

“The stocks will not be. It will be high -quality high -quality assets, either in the short term, US cabinet, or money. I think most of them will be US Treasury.”

On Monday, I migrated Celebrate The bill is close to becoming the law.

“Tonight, the Senate advanced forward in the Genius Act. This pioneering and party legislation will bring the payment system in America to the twenty -first century. The genius law crawls on the United States through a digital framework with the fastest possible bars. Go ahead. I look forward to making history with my colleagues this week.”

Possible legislation will require Stablecoin exporters to maintain support for their assets by 1: 1. The bill also states that Stablecoin reserves can consist of an American currency; The money kept as deposits of the request or the insured shares in a secure deposit institution; Treasury bills, notes or bonds.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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