MoonRocketTeam
#数字资产市场观察 Is the US stablecoin market about to change? The GENIUS Act has officially come into effect, and this time it’s not just talk—the regulators are getting serious.
Let’s start with the background. Stablecoins are both the “stabilizer” of the crypto market and an “amplifier” of its risks. Lack of transparency in asset reserves and missing audits of issuers—haven’t there been enough cases of people getting burned in the past? Now, the GENIUS Act draws a red line on asset backing and audit standards, essentially putting the brakes on the market. Congressman Bryan Steil is pushing regulato
View OriginalLet’s start with the background. Stablecoins are both the “stabilizer” of the crypto market and an “amplifier” of its risks. Lack of transparency in asset reserves and missing audits of issuers—haven’t there been enough cases of people getting burned in the past? Now, the GENIUS Act draws a red line on asset backing and audit standards, essentially putting the brakes on the market. Congressman Bryan Steil is pushing regulato

