Indeed, the stablecoin bill includes exemptions for the President, Vice President, and their families. One reason is that the U.S. Constitution establishes different standards for the powers and ethical duties of the President compared to members of Congress. Additionally, compared to issues concerning the President, both parties are more eager to prioritize the management of stablecoins. This consensus between the two parties is why progress has been so swift.

‍ #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617