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GENIUS Act Blocks Big Tech From Dominating Stablecoins: Circle Exec

The GENIUS Act introduces strict regulations to prevent Big Tech and banks from dominating the stablecoin market, ensuring consumer protection and fostering competition. It also bans interest-bearing stablecoins, potentially driving institutional investors toward DeFi platforms for yield generation.

2025-07-27T19:57:39.594058+00:00

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