Overview
PYMNTS quoted Stephen Aschettino in an article titled "Crypto Week Comes Back to Life with Stablecoin Bill Set for House Vote." The article explores Congress's push to regulate cryptocurrency through three major bills — the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act — highlighting their potential to transform financial infrastructure, clarify digital asset rules, and accelerate institutional adoption.
Speaking to PYMNTS about the implications of the passing of the GENIUS Act Aschettino said, "Passage of the GENIUS Act on stablecoins would be a game-changer for the payments sector. Expect mainstream adoption of regulated stablecoins, leading to faster, cheaper cross-border payments and new payment products."
