The U.S. Senate passed the Genius Act, establishing a federal regulatory framework for stablecoins. Stablecoins, digital currencies pegged to another asset (often the U.S. dollar), have grown ...
The supply of yield-bearing stablecoins has surged since the United States’ passage in July of the GENIUS stablecoin bill, which prohibits issuers from offering yields on stablecoins. Data shows the ...