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⚖️“Libra Clause” Targets Big Tech in Stablecoin Crackdown
🕙 The new GENIUS Act just dropped a bomb on Big Tech’s stablecoin dreams.
🚫 It bans tech giants and banks from dominating the stablecoin market—looking right at you, Meta.
➡️ Both banks & non-banks must spin up separate entities to issue stablecoins, avoiding monopoly risks.
📉 Yield-bearing stablecoins? Also getting clipped—could push big players toward DeFi for returns.
🎙️ Circle’s Dante Disparte calls it the “Libra clause”—a direct shot at Meta’s failed digital dollar play.
👀 Regulators aren't just watching now—they’ve got veto power.
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🇺🇸Telegram Drops TON Wallet for U.S. Users
💸 Crypto just got native—Telegram is now rolling out its self-custodial TON Wallet to 87M users in the U.S.
✔️ No extra apps. No logins. Just send, swap, stake, and manage crypto right inside your chats.
🪙 Backed by the TON blockchain, the wallet supports stablecoins, tokens, swaps, and even lets you buy crypto with zero fees via MoonPay.
🔐 Private keys stay yours—split-key backups link to your Telegram + email for smoother onboarding without sacrificing security.
🌍 After 100M+ activations worldwide, this U.S. launch signals a bold move to rival Cash App and Coinbase—without becoming a bank.
🚀 Telegram’s play? Make crypto as easy as messaging. And it's working.
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🇰🇷Upbit, Bithumb & 3 more platforms have shelled out ₩120.26B (~$87M) in fiat deposit interest since July 2024.
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