Nestor Dubnevych

Nestor Dubnevych, co-founder and head of Web3 at LegalNodes, shares insights on the newly signed GENIUS Act and its implications for stablecoin issuers. He details compliance challenges and costs that new entrants face compared to established players. The conversation explores the potential for lower banking costs through cross-border transactions, the future of stablecoins in the banking sector, and the regulatory differences between the U.S. and Europe. Nestor emphasizes the need for transparency in stablecoin reserves amid evolving global regulations.