The GENIUS Act for stablecoins passed today. Two predictions: 1. Major banks will launch stablecoins surpassing the float of USDC/USDT (JPMD, Citi) 2. Every FinTech will launch branded stablecoins to capture treasury yield revenue (bullish @withAUSD for white-labeled stables)
caitlin
caitlin19.7. klo 02.10
Stablecoin dominance over time... Few things have ever made a dent into USDT/C except Binance's BUSD, which reached 15% before getting one-shotted by NYDFS regulatory action in 2023. Excited for this to change quickly post-GENIUS :)
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