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Regulating Stability: The Future of Stablecoins
This chapter explores recent U.S. legislation on stablecoins, including the Genius Act and the potential Stable Act aimed at enhancing consumer protection and clarity in the crypto market. It discusses the implications of using stablecoins in place of traditional bank accounts and highlights the contrasting regulatory frameworks for issuers and banks. Additionally, the conversation examines the potential for retail adoption of stablecoins by major companies and the operational advantages they may offer over conventional payment methods.
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