GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive

The GENIUS Act's one-year rulemaking deadline lands on July 18, and markets have mostly priced it as a legitimacy milestone for stablecoins. Mike McCluskey, CEO of tx, and Zaheer Ebtikar, chief strategy officer at Plasma, read it as a cost-visibility event that decides which issuers can afford to keep operating. GENIUS became law on July The post GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive appeared first on CryptoSlate.