The Senate just passed the “ GENIUS Act ” to finally regulate these crypto-dollar tokens (yep, that’s really the name, we’ll explain what it stands for).
When you hear “stablecoins,” just think digital dollars on a blockchain. Whether you’re a crypto newbie or a battle-hardened market veteran, it’s worth knowing about the consequences of this development.
If it gets through the Republican-led House and to the President’s desk, it will get signed into federal law.
So this week, we’re unpacking what stablecoins are, why Washington cares so much about them, and who the big winners and losers might be.
Most importantly, we’ll connect the dots to investment decisions, from the stocks that could benefit to the risks you should watch.
Let’s dive in!