Understand the Nuance

Published 3 days ago • loading... • Updated 3 days ago

The stablecoin time bomb hidden in Trump’s GENIUS act

Summary by UnHerd

Francisco Goya’s etching The Sleep of Reason Produces Monsters warned of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morph into reality. With the Genius Act, which the Senate passed on Tuesday, stablecoins are one step closer to becoming central to world finance. Stablecoins are the…

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The stablecoin time bomb hidden in Trump’s GENIUS act

Francisco Goya’s etching The Sleep of Reason Produces Monsters warned of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morph into reality. With the Genius Act, which the Senate passed on Tuesday, stablecoins are one step closer to becoming central to world finance. Stablecoins are the…

3 days ago

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UnHerd broke the news in 3 days ago on Wednesday, June 18, 2025.

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