Topic

Stablecoins

Stablecoins as market structure: reserves, regulation, yield fights, and who wins the dollar-rail war.

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Mar 15, 2026

The GENIUS Act Changed the Game. Here's Who Actually Wins.

The first federal stablecoin law is now being implemented. The OCC is writing the rules, banks are fighting over yield, and the market structure is shifting faster than the debate.

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