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GENIUS Act Will Force Every Bank to Launch a Stablecoin—Alchemy CTO Predicts Financial Revolution
GENIUS Act Will Force Every Bank to Launch a Stablecoin—Alchemy CTO Predicts Financial Revolution
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The GENIUS Act isn't just coming—it's about to bulldoze traditional banking. Alchemy's CTO drops the mic: 'Every bank will be issuing stablecoins within 12 months of passage.'
Wall Street's worst nightmare? A decentralized future where they can't skim 2% on every transaction. The Act's regulatory greenlight means banks either adapt or become expensive relics.
Behind the scenes: Treasury-backed stablecoins will dominate, but expect a wild west of private offerings—because when has finance ever resisted a gold rush?
The kicker? Banks hate this. But their compliance departments love it. Finally, a way to 'innovate' while checking every bureaucratic box. How very... traditional of them.
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