🧵 Stable School News: Weekly Roundup (July 25) The stablecoin law is signed, and the industry’s not slowing down. Issuers are launching, banks are moving, and real-world use cases are coming into focus. Here's what happened this week 👇
TL;DR: – Stablecoins now US law – Real-world adoption on the horizon – @Anchorage ramps up US issuance – Startups and institutions positioning fast
1/ It’s official: stablecoins are now US law. Trump just signed the GENIUS Act - America’s first major crypto legislation. Stablecoins must be 1:1 backed and disclose reserves monthly. Industry players say it’s a turning point for mainstream adoption.
2/ After the GENIUS Act: what’s next? Now that stablecoins are law, adoption is the focus. – 4% yield > banks – No interchange fees = instant rebates – Faster global and domestic payments – Direct creator payouts – Final rules could take up to 18 months
3/ Anchorage Digital Bank is launching a stablecoin platform for institutions. First up: @ethena_labs will issue $USDtb in the US via @Anchorage. With a national charter and the GENIUS Act in place, Anchorage is stepping into the issuer role.
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