Amundi warns that U.S. Regulation of stablecoins may undermine dollar dominance as the GENIUS Act is enacted. Concerns arise over increasing U.S. Treasury bond demand potentially backfiring and further weakening the dollar’s status in global finance.
Meanwhile, XRP is experiencing consolidation near 2.22 USD, signaling indecision in the market. Traders should strategize around this narrow pricing range until a breakout occurs, as both bullish and bearish scenarios could unfold.
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