🪙 US Stablecoin Law Sends Shockwaves Globally 🌍 — India Faces Dollarization Dilemma 🇮🇳

The newly signed GENIUS Act marks a turning point: US dollar-backed stablecoins are now fully regulated with mandatory reserves and federal oversight. This paves the way for mainstream crypto payments, remittances, and fintech innovation. 💸📈

But here’s the twist — emerging markets like India face growing pressure. With easier access to regulated digital dollars, there’s rising fear of financial sovereignty erosion and rupee dilution. RBI may need to accelerate its CBDC rollout and tighten compliance around foreign stablecoin flows. 🛡️💹

➡️ Are stablecoins the future of finance or a threat to national currency control?

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