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Will the Genius Act Be the Banking Sector’s Lifeline Against the Stablecoin Onslaught?
Will the Genius Act Be the Banking Sector’s Lifeline Against the Stablecoin Onslaught?
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The financial world's staring down a high-stakes showdown—traditional banks versus the relentless rise of stablecoins. Enter the Genius Act, Washington's latest Hail Mary to keep legacy institutions relevant.
Banks are bleeding deposits as crypto-native alternatives offer faster, cheaper rails. The Genius Act throws them a regulatory lifeline—but will it be enough?
Meanwhile, DeFi protocols laugh all the way to the blockchain. Another day, another desperate attempt to legislate away innovation while the suits play catch-up.
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