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trump and stablecoins?? lmfao dollar going brrr while we’re all here losing our minds over meme coins 🤡🔥
President Trump’s genius move has legalized stablecoins backed by US dollars or treasury bills, boosting demand for these assets and potentially solidifying the dollar’s reserve currency status. Bitcoin and Ether prices surged in response, reflecting renewed confidence in the US dollar. The legislation’s impact on stablecoins and their backing could reshape digital payments worldwide, aligning with the Trump administration’s pro-crypto stance. Bitcoin and Ether prices have shown significant gains post-legislation, signaling a positive market sentiment shift.
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