Study Finds Most Stablecoins Fail GENIUS Act Requirements
New research shows most U.S. dollar stablecoins will not follow the GENIUS Act’s reserve asset requirements. A study from the Bank Policy Institute (BPI) published Friday (Nov. 6) examined data on the reserve asset holdings of the 10 largest circulating dollar stablecoins, which accounted for 97% of all stablecoins as of June of this year. […] The post Study Finds Most Stablecoins Fail GENIUS Act…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
