The GENIUS Act was a test: could the U.S. onshore a growing industry, which had been pushed outside the U.S. regulatory perimeter, through thoughtful legislation?
One year in, the answer is clear: Institutions have committed real capital, global companies have chosen U.S. infrastructure, and major stablecoin issuance has moved onto federally supervised American platforms. But there's still work to do.
On GENIUS’ one-year anniversary, we're renewing our call for Congress to pass the CLARITY Act and extend the clear market-structure rules that worked for stablecoins to the broader digital asset economy.
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