Global experts welcomed the U.S. GENIUS Act as a regulatory milestone for stablecoins but warned of geopolitical implications. Rodney Prescott of Zekret cautioned that the Act entrenches U.S. dollar dominance and imposes heavy banking-style rules that could harm smaller economies.
Other commentators pointed to gaps in cybersecurity, restrictions on yield-bearing stablecoins, and the difficulty of effective implementation. For the full roundup, read the original article on Euro Weekly News.