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Hours Before the GENIUS Voting, Surprising Statements Came from the CEO of This Altcoin! "Only We Can Do It!" - He Had Also Met with Trump!”
The long-awaited cryptocurrency friendly stablecoin law in the US has reached its final voting day in the GENIUS Act.
Accordingly, this law lays the groundwork for the first major federal regulation aimed at stablecoins, while the US Senate will conduct its final vote today.
While the bill is expected to pass from the US Senate, Chainlink (LINK) CEO Sergey Nazarov made important statements regarding the GENIUS law.
According to this, Sergey Nazarov argued that stablecoin regulation in the US will stimulate global growth and raise the bar in terms of transparency and cross-chain functionality.
The famous CEO, stating that the impact of the stablecoin law in the US will be seen worldwide, said that stablecoins will need proof of reserves and inter-chain connectivity to be used as a payment source.
At this point, Nazarov pointed out that Chainlink has come into play, stating that Chainlink is currently the only platform that offers both proof of reserves and cross-chain connectivity in a single system.
The famous CEO is preparing for Chainlink to become the only platform that keeps stablecoins secure, connected, and compliant from the early stages during this period when stablecoins are ready to play a central role in the future of finance.
*This is not investment advice.
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