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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Founder of 1confirmation: The market capitalization of stablecoins will rise 10 times due to the approval of the GENIUS Act.
Odaily News 1confirmation founder Nick Tomaino posted on the X platform that the GENIUS Act is very beneficial for Crypto Assets, and the market capitalization of stablecoins will therefore rise rapidly by 10 times. However, it might be better if the act is decided by market participants rather than politicians influenced by corporate donors. The US Congress agrees that stablecoins are beneficial for the US, and the best measure of the act's success is the total market capitalization of stablecoins. Anyone can spend money wisely, and the market determines the best solution to achieve the goals.