🇺🇸 U.S. Treasury just dropped the first proposed rules for the GENIUS Act
This isn't just talk anymore. They're defining:
• Who counts as a stablecoin issuer
• Which regulator actually has power
• How offshore players get treated
• Operational framework for payment stablecoins
60-day comment period starts now
Passing a law ≠ having a rulebook builders can use
That gap is finally closing. Watch how issuers position in the next 8 weeks
This isn't just talk anymore. They're defining:
• Who counts as a stablecoin issuer
• Which regulator actually has power
• How offshore players get treated
• Operational framework for payment stablecoins
60-day comment period starts now
Passing a law ≠ having a rulebook builders can use
That gap is finally closing. Watch how issuers position in the next 8 weeks
