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.

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