The post Trump’s Crypto Law Could Kill Decentralized Stablecoins appeared first on Coinpedia Fintech News
The U.S. political landscape just turned pro-crypto — and it’s already making waves in the stablecoin market.
Following Donald Trump’s win over Kamala Harris in the presidential race, the new administration wasted no time pushing forward its crypto-friendly agenda. As promised, Trump has launched multiple pro-crypto policies, including the creation of a special SEC task force focused on building a clear regulatory framework for cryptocurrencies.
Now, the spotlight is on the GENIUS Act — a landmark stablecoin bill that could redefine the future of digital finance in America.
Stablecoins are digital assets pegged to fiat currencies like the U.S. dollar. With a current market cap of over $261 billion, stablecoins like Tether (USDT), USDC, and USDS dominate this segment.
The GENIUS Act is a new law passed to regulate this fast-growing space. While it may appear to be just another compliance step, crypto experts like Quinten believe its impact could be far greater — potentially reshaping who wins and who loses in the crypto economy.
The Act introduces strict regulations for stablecoin issuers. Here’s what it changes:
However, critics have already raised eyebrows about the involvement of World Liberty Finance, which reportedly has links to Trump’s family.
According to Quinten, the GENIUS Act brings much-needed legal clarity, especially for banks and corporations looking to issue their own digital dollars.
His viral post on X claims the act will lead to a surge in stablecoin adoption by major institutions.
Insider buzz suggests that giants like Amazon, Apple, Walmart, and JP Morgan are already preparing to enter the stablecoin space.
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While the act supports institutional stablecoins, it could crush decentralised projects.
Here’s why:
Quinten warns that this crackdown could push decentralized and foreign stablecoins out of the U.S. market entirely.
The GENIUS Act marks a clear pivot in U.S. crypto policy — one that favors regulation, institutional adoption, and dollar-backed digital assets.While it opens new doors for corporate stablecoins, it also risks sidelining decentralized innovation. With Trump’s pro-crypto task force gaining momentum, the U.S. might soon lead the world in regulated digital asset development — but at what cost?
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