The GENIUS Act Takes Effect—Which Stablecoins Now Have Reaso
The GENIUS Act mandates strict 1:1 backing and licensing for stablecoin issuers by July 2028, barring non-compliant ones from the U.S. market. Offshore giants like Tether (USDT), crypto-collateralized coins like DAI and USDe, and smaller foreign issuers face elimination. U.S.-regulated providers like Circle (USDC) and PayPal (PYUSD) are poised to gain market share.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Kucoin.com.
Want the full article?
Continue reading on Kucoin.com →