US EditionWeb3 Leaders See GENIUS Act Stifling Startups
UNITED STATES, JUL 28 – The GENIUS Act requires full reserve backing and monthly audits for stablecoins, driving a $4 billion market surge and increased institutional adoption, experts say.
- The GENIUS Act was signed into law, creating federal stablecoin regulations, as experts say, on July 18, 2025.
- Before the GENIUS Act, stablecoins remained largely unregulated with no legal clarity, as experts say the Securities and Exchange Commission faced no clear regulatory definitions.
- Within a week, the stablecoin market ballooned, with USDT and USDC leading, exceeding $227 billion in combined capitalization, experts say.
- JPMorgan and Citigroup confirmed stablecoin initiatives, as Anchorage Digital launched a platform with Ethena Labs, signaling increased institutional adoption.
- Experts say the law's requirement to back reserves with dollar assets and Treasuries may channel trillions into U.S. debt markets, reinforcing the dollar's global dominance.
11 Articles
11 Articles
Letter: GENIUS Act is anything but, to detriment of U.S. | Honolulu Star-Advertiser
It seems the USA is always pushing way over the speed limit in order to dominate the globe. Seeing our president and his staunchest supporters display newly signed tech legislation titled the GENIUS Act, one can’t help but wonder if this collection of senior citizens can’t grasp the issues afoot. Wouldn’t be the first time.
PayPal Presidency Pt. III: New World Currency with Mark Goodwin
In this episode, Whitney is joined by Mark Goodwin to discuss how the passage of the GENIUS Act is the culmination of decades of the PayPal Mafia’s efforts in the digital finance space. See also: The PayPal Presidency Pt. I: Biotech and Biosurveillance with Max Jones and The PayPal Presidency Pt. II: Building the “Dark” Technate with lain Davis Links Discussed: The Chain – Unlimited Hangout Series Plundering the Crisis Economy with John Titus J…
Web3 Leaders See GENIUS Act Stifling Startups
US Dollar Tether coin with President Trump’s signature superimposed. Image created by the author. President Donald Trump signed the GENIUS Act into law on July 18, ushering in the most comprehensive U.S. framework for stablecoins to date. While some in crypto view it as long-overdue clarity, others worry it may entrench incumbents and freeze out startups. First the good news. Regulations are needed to make sure stablecoins are trustworthy, safe,…
Stablecoins Are WORSE Than CBDCs! with Mark Goodwin
House Republicans just celebrated their “Crypto Week” with the passage of an Anti-CBDC Surveillance State Act and the passage of a stablecoin-promoting GENIUS Act. And, whether you know it or not, this new stablecoin regulatory regime is going to transform your life and the entire global monetary order. Here to fill us in on all …
What Does The GENIUS Act Mean For Non-US Stablecoin Issuers & The Broader Crypto Industry?
The cryptocurrency market has a spring in its step once again after U.S. President Donald Trump signed into law a key regulatory regime for so-called stablecoins. The Guiding and Establishing National Innovation for U.S. Stablecoins or GENIUS ACT was signed into law on July 18, 2025, paving the way for digital assets to become an everyday standard for making payments and moving money. It received overwhelming support, passing in the House of Re…
El Salvador-based stablecoin firm Tether considering return to U.S. in wake of GENIUS Act approval - Latin America Reports
The GENIUS Act and Tether’s potential return On July 18, U.S. President Donald Trump signed into law the GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act, in a move which the government claims will heighten protection for consumers in the digital market and combat criminal activity involving stablecoins. Stablecoins are a form of cryptocurrency backed by assets generally perceived as reliable, or stable, such as th…
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