Reddit Posts
Singapore MAS ban of stablecoin yields: A regulatory perspective
Will the GENIUS Act Help Stablecoins Go Mainstream?
Tokenization, Stablecoins and Collateral: What Changes for Markets and Investors
Tokenization, Stablecoins and Collateral: What Changes for Markets and Investors
Is crypto actually making the dollar stronger? The stablecoin numbers are messing with my head.
Announcing USPS.cash, USPS.music and U.S. Gamer: Paired Digital-Wallet and Competitive-Play Projects
So, blackrock chose ethereum to launch their tokenized money market
Mentions
Post is by: Ok_North9993 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1x2hkcy/four_structural_winners_while_the_statute_stays/ Trying this as a clean framework. Push back if it is wrong. Four structural winners from the rules that moved without a statute: 1. Stablecoin platforms: GENIUS bars issuers from paying interest. It is silent on exchanges/wallets. Platform rewards stay open. 2. Incumbent exchanges: no federal spot license, no forced venue/broker split. License moat + vertical model stay. 3. Tokenization: Innovation Exemption on Sep 17. Securitize (SECZ) +83.1% from Sep 15 through Sep 30. 4. Revenue-buyback tokens: Sep 25 staff guidance cleared the fog. Agree / disagree on the ranking? What would you swap out? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
For sure. But it’s also worth noting *why* spy is here right now. Economy was ”saved” by treasury bond and dollar games. Which led straight to private credit crisis which again was ”saved” by USD printing machine, masked by COVID. Now treasury bond yields are past 2008 crash and at dotcom bubble levels, banks such as Silver Bank, Silicon Valley Bank and Credit Suisse went down(again ”saved” by governments and huge hedge funds buying their debt with money leveraged by more debt) and majority of sp500 is getting carried by AI companies which none of are profitable and each burning circular investment and debt money at record(by a huge margin) pace. What’s the ”remedy” this time? CLARITY and GENIUS. While FED is trying to combat inflation, Trumps team got this excellent idea. Let’s give the Stablecoin companies permission to print infinite USD as long as they back it up with government bonds. In other words, endless and cheap(yields go down when there is infinite and free source of new money available)money well for government debt, backed up by the very same debt. GENIUS!
most people have no idea that USD stablecoins are backed by short term treasury bonds, whose yield rates are set by the Federal Reserve. it’s not a coincidence that the U.S. is buying back long term treasury bonds to reduce their debt exposure to big investors, and further increase their debt exposure to smaller, rate-indifferent buyers that are simply seeking relief from collapsing currencies, hence the GENIUS act. given the geopolitical uncertainties that the U.S. has been portraying for the past 10 years, this whole treasury bond shift is the only way the dollar survives any longer, since nobody will want to buy (and haven’t been buying) 30 year treasury bonds if they aren’t sure the U.S. will pay them back at the rate they demand. Bitcoin is the only other alternative from a debt based monetary system. it will be a gradual shift from the $350T in insolvent debt to a more sound valuation within a free market.
Give it time, the GENIUS Act is basically the bones for the US to eventually mint their own US coin Who knows what will be the state of crypto in a decade
US signing the GENIUS Act into law last year, while not exactly being bullish on BTC, it is extremely bullish on crypto and in a way, creates the possibility/path of an official US coin being minted one day The US effectively said "we can't beat crypto, so we'll join them and make the rules" which is writing on the wall for what the govt expects will happen in the next decade with crypto, in the US and across the world Gold and (farm)land prices are controlled by the govt, no way they'd inflate the prices just because, and both aren't as finite as BTC believe it or not I'm no crypto bro but the US govt signing on to crypto and writing law around it is more than enough to prove BTC will continue to grow in value and the US would like a piece of that action, they will try very hard to usurp BTC as the no 1 cypto, and it might work someday, but that will only cement BTC's value even more
Apple and Google aren't going to mint their own coins, they want stablecoin rails inside Apple Pay and Google Wallet so they skip card interchange fees. The GENIUS Act made issuing a regulated stablecoin a licensing headache, so plugging into USDC or PYUSD is the obvious move for them.
I guess institutions will just have to use Bitcoin (GENIUS Act and ETF regs) now instead of all those 'crypto' copy cats. CLARITY not passing is going to surprise people the other way with Bitcoin dominance. We're just shaking out those who don't understand this...
Mainstream in the US, maybe. But stablecoins already went mainstream where people actually needed them (LATAM, Turkey, Nigeria) years before any act. The GENIUS Act is the US catching up to usage that already exists elsewhere, not creating it.
Are you talking about the GENIUS act and how the us GOV wants stablecoins to buy up short term T-bills?
Crypto is for payment. Stablecoins are crypto and we're moving to paying for everything using stablecoins. It has already started but the explosion starts January 18, 2027 the GENIUS Act officially goes live. That's when we'll have an explosive demand for stablecoins by new stablecoin providers and they will start offering paying with stablecoins as an option. Then just as a general investment platform, crypto has been huge and will keep getting bigger. And when Clarity Act happens, the imagination can only answer that because that's where the creative entrepreneurs will invent new things that we weren't thinking of right now that will involve tokens on the blockchain. Once can argue with have that already but the implementation has been slow because the legality of it hasn't been clarified yet - hence, the name the clarity act.
Don’t be in a bubble A few important corrections here. It’s the GENIUS Act, not the CLARITY Act, that created the regulatory framework for dollar-backed stablecoins. Stablecoin issuers also don’t have to buy $1 of US Treasury bonds for every $1 issued reserves can include cash, bank deposits and other permitted highly liquid assets as well as Treasuries. Stablecoins could certainly increase global demand for dollars and indirectly increase demand for US Treasuries, which the US Government openly sees as a benefit. But that doesn’t mean people holding stablecoins are directly buying US debt, nor does it guarantee cheap US borrowing. The final jump to “therefore money printing continues and Bitcoin can only rise” is speculation, not something that follows from the legislation.
Stablecoins hadn’t really started in 2013 and there was no GENIUS Act putting their creation in the U.S. into a regulatory framework. The landscape is changing and the dynamics for Bitcoin are changing with it. The past is a poor predictor of the future.
Bitcoin has been moving in the opposite direction since late 2025 as other traditional stores of value. It’s moving with, and becoming more correlated to, tech stocks. It’s not clear yet why that is. The landscape for crypto has been changing the last couple of years and this change has been accelerated with the GENIUS Act. Going forward how the market defines the purpose of Bitcoin will be interesting.
Your read is basically the consensus among people who watch the flows, and you didn't get much wrong. Stablecoins park reserves in short-term Treasuries, the GENIUS Act hard-codes it, so the fastest-growing part of crypto is now a structural, price-insensitive buyer of US debt, and the EM adoption you describe is dollar distribution without a single overseas branch. That reads as dollar strength, not weakness. Two things I'd add, both data questions that are weirdly under-tracked. First, the interesting number isn't the $322B headline, it's the geography of the demand - how much of the growth is genuine EM savings and payments flow (Argentina, Nigeria, Turkey) versus trading collateral that never leaves exchanges. Those are very different for "is this real dollar export," and almost nobody publishes the corridor-level breakdown because it's hard to measure. Second, your redeem-at-once question is the right tail risk, and it's a liquidity-depth problem, not a solvency one: reserves in T-bills means the money exists, but T-bills aren't instant, so a fast mass redemption is a depeg / exit-liquidity event before it's ever a Treasury event - you'd see it in the coin's own market depth long before it touched the Treasury market. Disclosure: I work on market data at Coinpaprika/DexPaprika and we're building out stablecoin coverage, so the flow-geography and depth side is my bias.
They're not enthusiastic to do it, they're required to do so by law in the Electronic Funds Transfer Act (except in certain cases of negligence or fraud by the customer themselves). The GENIUS Act specifically chose not to apply this law to stablecoin transactions.
There's a law called the Electronic Funds Transfer Act that requires this of credit cards and the GENIUS Act chose to specifically not apply it to stablecoin transactions.
GENIUS NUMBER WOW!!!! better call to get scammed.
You, my dude are the GENIUS.
If we do, we can just borrow against our holdings and will never have to pay the loans back because the gains will outpace the interest. GENIUS!