$USDC #GENIUSActPass

With the GENIUS Law comes a wave of strict licensing obligations for significant stablecoin issuers, including players like USDC and DAI, placing them under an intensified regulatory microscope. The goal is to instill a culture of financial transparency within DeFi, ensuring that operational protocols adhere to federal guidelines. However, concerns persist that aggressive regulation could inadvertently stifle innovation. Smaller startups may bear the burden of increasing compliance costs, forcing them to reevaluate their business approaches. Historical trends suggest that similar regulatory measures have previously led to disruptions in market stability, raising alarms about potential volatility.