The Crypto Crises Are Coming

5 clumsysmurf 1 8/4/2025, 11:32:53 PM project-syndicate.org ↗

Comments (1)

l0ng1nu5 · 35m ago
>All the incentives for stablecoin issuers are to invest at least some of their reserves in riskier assets to get higher returns.

No.

The GENIUS Act requires 100% reserve backing with liquid assets like U.S. dollars or short-term Treasuries and requires issuers to make monthly, public disclosures of the composition of reserves.

https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-pr...