[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Ernest 👁️ Gnoma ⛺ 🔆 [@endz_99](/creator/twitter/endz_99) on x XXX followers Created: 2025-07-21 13:37:14 UTC 🇺🇸 The GENIUS Act is already being called a watershed moment for U.S. crypto policy and for good reason. Here's a breakdown of its impact and the tensions it’s stirring: 🏛️ What the GENIUS Act Does - Mandates 1:1 Reserve Backing: Stablecoins must be backed by liquid assets like U.S. dollars or short-term Treasuries, a direct response to the TerraUSD collapse in 2022. - Federal Licensing Framework: Only licensed entities can issue dollar-backed stablecoins, with oversight split between federal and state regulators depending on issuer size. - Consumer Protections: Includes monthly reserve disclosures, redemption policies, and marketing restrictions to prevent misleading claims. - Blockchain Integration: Signals federal openness to blockchain adoption, potentially enabling platforms like IQ AI’s Agent Tokenization to support government-backed decentralized finance. ⚠️ Concerns & Criticism - Consumer Reports warns the Act lacks robust protections like deposit insurance, dispute resolution, and safeguards against unauthorized transactions. - Critics fear regulatory arbitrage, where issuers exploit gaps between state and federal rules. - Privacy & Monopoly Risks: The Act could allow tech giants to issue branded stablecoins, raising alarms about data control and market concentration. - Political Controversy: Some Democrats argue the law benefits Trump-linked crypto ventures, citing his family’s stake in World Liberty Financial. XX engagements  **Related Topics** [donald trump](/topic/donald-trump) [liquid](/topic/liquid) [cash flow](/topic/cash-flow) [stablecoins](/topic/stablecoins) [Post Link](https://x.com/endz_99/status/1947289767332196706)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Ernest 👁️ Gnoma ⛺ 🔆 @endz_99 on x XXX followers
Created: 2025-07-21 13:37:14 UTC
🇺🇸 The GENIUS Act is already being called a watershed moment for U.S. crypto policy and for good reason. Here's a breakdown of its impact and the tensions it’s stirring:
🏛️ What the GENIUS Act Does
- Mandates 1:1 Reserve Backing: Stablecoins must be backed by liquid assets like U.S. dollars or short-term Treasuries, a direct response to the TerraUSD collapse in 2022.
- Federal Licensing Framework: Only licensed entities can issue dollar-backed stablecoins, with oversight split between federal and state regulators depending on issuer size.
- Consumer Protections: Includes monthly reserve disclosures, redemption policies, and marketing restrictions to prevent misleading claims.
- Blockchain Integration: Signals federal openness to blockchain adoption, potentially enabling platforms like IQ AI’s Agent Tokenization to support government-backed decentralized finance.
⚠️ Concerns & Criticism
- Consumer Reports warns the Act lacks robust protections like deposit insurance, dispute resolution, and safeguards against unauthorized transactions.
- Critics fear regulatory arbitrage, where issuers exploit gaps between state and federal rules.
- Privacy & Monopoly Risks: The Act could allow tech giants to issue branded stablecoins, raising alarms about data control and market concentration.
- Political Controversy: Some Democrats argue the law benefits Trump-linked crypto ventures, citing his family’s stake in World Liberty Financial.
XX engagements
Related Topics donald trump liquid cash flow stablecoins