#StablecoinLaw Winners & Losers in the Post-GENIUS Crypto World
Now that the GENIUS Stablecoin Act is passing through U.S. legislation, here’s how it might redraw the crypto power map:
🏆 Winners:
USDC & PayPal USD: Compliant, regulated, ready to scale.
U.S.-based DeFi protocols: With KYC rails, they'll gain legitimacy.
Institutional onramps: GENIUS gives them legal clarity.
😓 Losers:
Algorithmic stablecoins (like Terra was): These may become illegal.
Privacy-focused DeFi: Heavily scrutinized or excluded.
Offshore protocols: May face delistings on U.S. exchanges.
📊 My research shows that:
USDC may grow dominance over Tether in the U.S.
Protocols that integrate regulated stablecoins may gain liquidity.
Non-compliant stablecoins could be pushed out of centralized ecosystems.
🔮 Future Insight: Expect a “split DeFi”—regulated DeFi (with KYC + stablecoins like USDC) vs. shadow DeFi (fully decentralized, but risky).