Can Stablecoins Really Stabilize U.S. Finance?
The GENIUS Act establishes U.S. stablecoin rules backed by Treasuries and aims to reinforce the dollar’s dominance. Can digital dollars truly stabilize finance?
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Trump Signs GENIUS Act to Mainstream Stablecoins
President Trump enacted the GENIUS Act to regulate dollar-pegged stablecoins, aiming to integrate digital assets into everyday payments and boost transparency.
US House Passes GENIUS Act to Regulate Stablecoins
The U.S. House passed the GENIUS Act by 308-122, setting the first federal rules for stablecoins. President Trump is poised to sign; two other crypto bills await Senate review.
GENIUS or Folly? US Stablecoin Plan Could Spark Global Contagion
The US GENIUS Act legalizes stablecoins backed by Treasuries but risks global financial contagion, prompting calls for dedollarization and stronger safeguards.