President Trump Signs Stablecoin Bill Into Law The President signed the GENIUS Act into law today after the legislation passed in the House on a 308-122 vote, paving the way for a regulatory framework for payment stablecoins. Back in January, @bridge__harris and @abhidesa1 did a deep dive for Pirate Wires exploring how the transition to a consumer-scale stablecoin payment network would work in practice: “credit cards” that run on stablecoin rails? Enterprise giants like Walmart and Amazon jumping at new opportunities? Check out the full piece below as today’s ruling opens the door for their thought experiment to become closer to reality — link threaded 👇
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