@jbsdc
At long last, a constructive article on Genius from the left! It:
- notes stablecoins are useful and important
- proposes some changes on issuance and oversight that aren’t inherently poison pills
- actually seems to be concerned with how stablecoins work than that they will exist.
The tragedy is it comes literally too late for Senate amendments. If this had been published a few months ago, maybe this whole debate would’ve been different.
https://www.americanbanker.com/opinion/the-senates-stablecoin-bill-risks-repeating-past-legislative-mistakes
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