#StablecoinLaw The GENIUS law marks a turning point for stablecoins in the United States.
The full reserve requirements will enhance trust between institutions and users.
Personally, I see this as a strategic move to consolidate the dominance of the US dollar on a global scale.
It also opens the door for banks and large tech companies to issue their own stablecoins.
However, true decentralization remains threatened by such regulations.
Overall, this law will stimulate adoption but could centralize the power of stablecoins.