Stablecoins and Bitcoin Banks: A Tribute to Hal Finney
The post-GENIUS-CLARITY era could usher in a profound transformation of the global financial system which is not being discussed. Enacted in July 2025, the GENIUS Act established rigorous federal standards for USD-backed stablecoins—mandating full reserves in cash, short-term Treasuries, or equivalents—while the CLARITY Act promises to deliver comprehensive digital asset market structure reforms. These laws […]
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