US regulatory clarity means we'll see a bunch of incumbents with existing distribution launch both chains and stablecoins.

Happy for Circle and other incumbents that worked hard to cement their success. Now regulation becomes their competitive advantage. Hard to compete unless your extremely well funded. 

While reg clarity is good, we will likely see less innovation in stables now as a Result of GENIUS, the opportunity lies elsewhere.

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

I don't think there's much innovation needed in stables. Sometimes the simple thing is the the thing.

Largely agree, might've been cool to see a yield bearing, decentralized, or "algo-managed" emerge. But then again I'd prefer to use USDC over DAI, so I'm kind've telling on myself. 

Still, point remains, huge opp remains to target crypto-sectors where regs don't exist yet :)