🐋 WHALE WATCH: FDIC CLOSES THE DOOR ON STABLECOINS FDIC Chair Travis Hill just dropped a bombshell regarding the GENIUS Act. => No Deposit Insurance: Stablecoins are officially excluded. => No Pass-Throughs: Even if issuers hold reserves in FDIC-insured banks, you aren’t covered. => The Reality: The $250k safety net does NOT exist here. The gap between TradFi and DeFi just got wider. Manage your risk accordingly.(Whale Factor)