Good reading! My @StanfordGSB colleague @AmitSeru wrote a great Op-Ed in the @WSJ on stablecoins and the new Genius Act. A timely piece on a topic with growing relevance and one we’ll be discussing in our personal finance course. Check out the article here: https://t.co/4eP1C3nS3K
Good reading! My @StanfordGSB colleague @AmitSeru wrote a great Op-Ed on the @WSJ on stablecoins and the new Genius Act. A timely piece on a topic with growing relevance and one we’ll be discussing in our personal finance course. Check out the article here:
📈 Has "Stablecoin Summer" peaked? @OpenEden CEO Jeremy Ng says we're just getting started. He argues the future lies in productive, regulated, and transparent stablecoins that unlock capital. Read more on why yield-bearing stablecoins are the future: 🔗👇 [Sponsored by https://t.co/nUd7roQwkI
President Donald Trump recently signed the GENIUS Act into law, establishing a federal regulatory framework for stablecoins in the United States. The legislation aims to provide clear rules and oversight for the global stablecoin industry, which many observers believe could facilitate the mainstream adoption of cryptocurrency as a means of payment. The act has garnered bipartisan support in the House of Representatives, although its approval in the Senate remains uncertain. Industry experts emphasize the importance of unity and strong consumer protections for the act's success. The GENIUS Act is seen as ushering in a new era for stablecoin regulation, with discussions ongoing about the future of productive, regulated, and transparent stablecoins that could unlock capital and offer yield-bearing opportunities. The act has also attracted attention in academic and financial circles, with analyses highlighting its growing relevance in personal finance.