The Rollup(@therollupco):"The Dollar Just Got Upgraded to a 10x Product" @robbieklages asked @Anchorage CEO @nathanmccauley whether CLARITY failing cloture hurts bank adoption: "The GENIUS Act was the incredible milestone." "It legally blessed a path for stablecoins, so there's now such a thing as a stablecoin, a legal concept that can be regulated." "The implication is that the stuff stablecoins depend on is also good: chains are good, blockchains are good." "So GENIUS was already the unlock for banks." "Most banks' primary business is the movement, settlement, and holding of the dollar." "And the fact that the dollar is getting upgraded to a 10x-better product with stablecoins means none of them can ignore what's going on."

2026.09.22 21:05

"The Dollar Just Got Upgraded to a 10x Product" @robbieklages asked @Anchorage CEO @nathanmccauley whether CLARITY failing cloture hurts bank adoption: "The GENIUS Act was the incredible milestone." "It legally blessed a path for stablecoins, so there's now such a thing as a stablecoin, a legal concept that can be regulated." "The implication is that the stuff stablecoins depend on is also good: chains are good, blockchains are good." "So GENIUS was already the unlock for banks." "Most banks' primary business is the movement, settlement, and holding of the dollar." "And the fact that the dollar is getting upgraded to a 10x-better product with stablecoins means none of them can ignore what's going on."