Stablecoin ‘Genius Act’ Advances; Lawmakers Target Audited Reserves and Fast Redemptions
Bill treats stablecoins as payment rails with receipts, proposing one-to-one reserves, attestations, and swift redemptions.
Bill treats stablecoins as payment rails with receipts, proposing one-to-one reserves, attestations, and swift redemptions.
A ruling and follow-on guidance separate staking from ETF wrappers; markets respond to clarity with higher liquidity.