I may not like some things in the Genius act (eg making unlicensed stablecoin / DeFi outlawed) But it’s certainly a trigger shot: public blockchain network hosting stables are becoming critical infra for the American economy and quickly thereafter for the rest of the world The US is saved from losing USD relevance as global reserve currency as it’s now not only be backed by transient monopoly on violence which is more flakey than most people can comprehend, the USD is now officially globally secured and propagated on tamper proof decentralized networks, huge technical upgrade