What The GENIUS Act Means For Crypto-Native Stablecoin Issuers
Dollar-backed tokens are set for rapid growth after the signing into law of the GENIUS Act
After an arduous process the first comprehensive stablecoin legislation, and first pro-crypto federal legislation, has become law in the form of the GENIUS Act. Although this piece of legislation is definitively worth of celebration, and has been celebrated by crypto investors and policy advocates alike, the reality is that the landscape for payment stablecoins and stablecoin issuers has changed irrevocably. Before diving into what these implications are shaping up to be, it is worth highlighting some of the core points contained in the legislation that issuers seeking to operate will need to comply with…
