Should Tether be credited for the approval of the GENIUS Act?

Tether’s holdings of over 120 billion USD in US Treasuries significantly shape financial policies and US political discussions. This strong position, while Tether maintains a neutral political stance, demonstrates its impact on monetary regulations.

The GENIUS Act is gaining bipartisan momentum as it reflects the urgent need for stablecoins like Tether, with expected approval in the coming week. Tether’s financial influence is pivotal in accelerating legislative support.

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