Regulatory Hurdles on the Horizon: The GENIUS Act
The recently enacted GENIUS Act introduces a new layer of regulatory considerations for USD-pegged stablecoins. This legislation aims to establish a framework for stablecoin issuance and reserves. While it provides a clearer path for the industry, it also means that USDe and other stablecoins must adapt to new compliance requirements. This will be a key factor to watch as the market matures and institutions become more involved