David Sacks, the US crypto czar, said in an interview with CNBC that if the GENIUS Act stabilized currency bill is passed, it will bring trillions of dollars of demand for US treasury bond. He expects that after the bill provides a legal framework, the stablecoin market will rapidly expand from the current $200 billion (unregulated) to trillions of dollars, with Tether already holding nearly $120 billion in US bonds, surpassing Germany to become the 19th largest holder. (TheBlock) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42847