US EditionStablecoins Are Finally Stable Enough To Go Mainstream!
UNITED STATES, JUN 30 – The GENIUS Act mandates full one-to-one reserves and monthly audits for stablecoins, aiming to unlock billions in institutional capital and enhance financial system stability.
- The U.S. Senate passed the GENIUS Act on June 17, 2025, to regulate US dollar-pegged stablecoins with strict issuance guidelines.
- This legislation responds to concerns about opaque reserve practices, especially by dominant issuer Tether, aiming to clarify reserve and audit standards while avoiding stifled innovation.
- The GENIUS Act requires stablecoins to be fully backed 1:1 by liquid assets like cash or short-term U.S. Treasuries, reserve accounts to be segregated, and prohibits interest payments on balances.
- Brett McLain from Kraken said, “everybody is jumping into stablecoins,” and the market currently values stablecoins at around $250 billion, offering faster, cheaper cross-border payments.
- The Act’s passage signals broader institutional adoption, potentially unlocking billions in capital and reshaping payment systems, while Singapore’s mature regulatory framework likewise supports stablecoin innovation.
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Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters
At this point, if you’ve been working in the financial services industry since January, you’ve likely heard of stablecoins, and you may have heard of tokenized deposits. What may still be unclear, however, are the differences and similarities between the two. Blockchain-powered financial infrastructure is on the rise, and it’s important for banks, fintechs, and regulators to understand new developments in the space, what’s possible, and what’s n…
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Total News Sources13
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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