GENIUS Act Redefines Stablecoin Rules, Blocking Big Tech and Banks from Dominance

GENIUS Act Introduces Structural Barriers for Stablecoin Issuers The recently passed GENIUS Act is reshaping the U.S. stablecoin landscape, introducing tight guardrails for both Big Tech and traditional banks. According to Circle’s Chief Strategy Officer, the bill includes a “Libra clause” that restricts large technology companies and financial giants from monopolizing the stablecoin market. Tech … Continue reading GENIUS Act Redefines Stablecoin Rules, Blocking Big Tech and Banks from Dominance