GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive

The GENIUS Act's one-year rulemaking deadline lands on July 18, and markets have mostly priced it as a legitimacy milestone for stablecoins. Mike McCluskey, CEO of tx, and Zaheer Ebtikar, chief strategy officer at Plasma, read it as a cost-visibility event that decides which issuers can afford to keep operating. GENIUS became law on July … The post GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive appeared first on CryptoSlate.

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