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Greg Xethalis
GC @multicoinCap. Board FLAA & @BlockchainAssn. Lecturing Fellow @DukeLaw. Opinions are my own. Not a solicitation or an offer for investment advisory services.
Greg Xethalis kirjasi uudelleen
We asked @KyleSamani (Managing Partner @multicoincap) about the future of currency globally:
"My suspicion is that somewhere between 60% and 80% of the world would say US dollars."
"Stablecoins make it trivial for anyone in the world to have dollars in their pocket. You don’t need permission, just a phone and a private key."
"This will probably represent one of the largest movements in capital in human history."
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Greg Xethalis kirjasi uudelleen
This afternoon, President Trump will sign the GENIUS Act into law, the most monumental crypto legislation in American history.
In doing so, we are securing dollar dominance, unlocking innovation, and putting the United States in permanent control of the future of digital finance. 🇺🇸
130,46K
Greg Xethalis kirjasi uudelleen
Yes. So many staff members worked in good faith, dove deep into the tech, thought hard about all of the (sometime competing) policy goals, and gave up mountains of sleep in order to craft the wildly bipartisan crypto bills voted on today. Gratitude to the lawmakers but very much also to their staff doesn’t even cover it. Amazing work. And perhaps given how divisive politics can feel lately, @xethalis’s point is all the more important. ❤️🙏
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Greg Xethalis kirjasi uudelleen
Genius leadership from @SenatorHagerty @SenatorTimScott @SenLummis @Sen_Alsobrooks @SenGillibrand.
Clear leadership from @RepFrenchHill @CongressmanGT @RepBryanSteil @DustyJohnson @GOPMajorityWhip.
Thank you @SpeakerJohnson and @LeaderJohnThune for shepherding.
🇺🇸
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A note of thanks to the dedicated staff who have labored for years on stablecoins and market structure. Drafting text, taking comments, and negotiating across the aisle.
Tomorrow the President will sign GENIUS and in the coming weeks the senate will take up market structure. All on a bipartisan basis because of the hard work of legislators and their staff.
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Greg Xethalis kirjasi uudelleen
🚨🚨🚨 The House just passed my bill – The GENIUS Act!
This historic legislation will bring our payment system into the 21st century. It will ensure the dominance of the U.S. dollar. It will increase demand for U.S. Treasuries.
I look forward to @POTUS signing GENIUS into law – the first step in making America the crypto capital of the world.
429,72K
A lot of great work on market structure has come from @CongressmanGT and his staff. Thank you for that elbow grease and this strong statement in support of DeFi.

DeFi Education Fund17.7. klo 22.31
DeFi *IS* different. Thank you @CongressmanGT for championing DeFi on the House floor:
"Congress is making an unambiguous statement that DeFi is different and it should be treated differently from the centralized, custodial intermediaries. Protecting this emerging technology is an essential purpose of the CLARITY Act."
We could not agree more.
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