The GENIUS Act opened the door for stablecoins, but regulators want to narrow it​

​Stablecoin issuers spent years asking Washington for clear rules, and now those rules are becoming the industry’s biggest barrier to entry. The GENIUS Act gave dollar-backed tokens something crypto had wanted since stablecoins became a serious part of the market: a legal home in the US. It defined payment stablecoins, set reserve expectations, created a
The post The GENIUS Act opened the door for stablecoins, but regulators want to narrow it appeared first on CryptoSlate.