#GENIUS稳定币法案

《Who Will Be Cleared Out After the Genius Act?》

Stablecoins are registered,

those without registration will be checked.

❌ The most dangerous are:

1. Algorithmic stablecoins (e.g. $USDN, $AMPL)

→ No real assets to support them, directly violating the '1:1 reserve' requirement.

2. Anonymous stablecoins (e.g. $TUSD anonymous derivatives)

→ Anti-money laundering measures are insufficient, and non-compliance will lead to being removed from exchanges.

3. Small projects/personal stablecoin laboratories

→ Unable to apply for federal licenses, financing and listing will be restricted.

4. Pseudo-compliant DeFi stable pools

→ If the underlying reserves cannot be penetrated, future cross-chain channels may be blocked.

Winners have already started to line up:

USDC, PayPal USD, and even Visa are preparing to go on-chain.

What do you think, brothers?