The GENIUS Act mandates full reserve backing for stablecoins and opens the door for banks and retailers to issue tokens under ...

The Guiding and Establishing National Innovation for U.S. Stablecoins Act, called ... industry and political establishment. Introduced on February 4, 2025, the GENIUS Act aims to provide long ...

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

Nobel Prize winner Paul Krugman, recently condemned stablecoins for their limited real-world application and support of ...

Fifty years ago, that acceptance was codified in law through the Civil Rights Act of 1964 ... it was the political and legislative genius that was Lyndon Baines Johnson. Today, Johnson’s ...

This historical context may impact investor confidence in USD1-especially when considering the broader political dynamics that can influence sentiment and risk in the crypto market. The GENIUS Act is ...