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Study Finds Most Stablecoins Fail GENIUS Act Requirements

Source: PYMNTS · · United States
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Illustrative image: Fintech Headlines
New research shows most U.S. dollar stablecoins will not follow the GENIUS Act’s reserve asset requirements. A study from the Bank Policy Institute (BPI) published Friday (Nov. 6) examined data on the reserve asset holdings of the 10 largest circulating dollar stablecoins, which…
— Excerpt from PYMNTS
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