Wall Street vs. Crypto: The Battle Over $6.6T & Stablecoins 🚨💸
So, there’s this thing called the GENIUS Act – sounds like a bad sequel, right? – aiming to regulate the $288 billion stablecoin party. It says issuers like Circle and Tether can’t pay interest directly, but don’t worry-they’re still happily handing out revenue to customers through exchanges like Coinbase and PayPal, who are almost too generous with a 4% APY. Because, you know, why not make it rain on your crypto holdings?





