#GENIUS稳定币法案

《After the Genius Act, who will be washed out?》

Stablecoins have been registered,

those without registration will be checked.

❌The most dangerous are:

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

→ No real assets backing, directly violating the "1:1 reserve" requirement.

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

→ Inadequate anti-money laundering measures, non-compliance will lead to being swept off 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 banned.