The GENIUS act bill that was passed yesterday by Trump has everything to do with USDT and other stable coins, I get it but at least now things are looking more smoother for crypto payment? I believe that using the likes of stable coins and Bitcoin to pay online will now be more possible?
What do you think? Or am I getting way ahead of myself? I so much look forward for BTC payment option on large online stores like Amazon, because I can't find anything else that's easier for payment online than this.
I am not in the United states, I am way far away from America and in my country to use Fiat as payment is even limited, imagine you want to buy an expensive gadget that worth $6000 and your spending limit on every bank account can't exceed $3000 per month.
If BTC payment become a thing then it will make a lot of sense, I can decide to spend $10,000 per day if I want or can.
It's a gradual process where we will have unlimited payment process with Bitcoin. Today we are talking about stablecoins been signed into law to be used as payment options, this wasn't the discussion years back, this new development is a stepping stone, I've read in different news where countries of the world are bringing up their own stablecoins, as against the usual sanctions that we use to witness or hear about. All this executive orders Donald Trump have signed into law especially when it comes to cryptocurrency, they are all driving towards bitcoin gradually as that is their main am, they are just dilly-dallying the main purpose.