genius act swoops in to strangle #stablecoin with reserve mandates and audit hoops because “innovation” apparently equals more red tape. blame issuers chasing yield who never trusted a true 1:1 #usd peg (just ask terra’s luna and ust wreckage by $BTC lol). sit back as adoption grinds to a halt, startups starve, and every “stable” coin becomes regulatory roadkill.