Genius Act is a legislative bill that would provide the regulatory framework Amazon and Walmart are waiting for to potentially launch their own U.S. dollar-pegged stablecoins.
Claim
Quotes that support claims
With stablecoins on track to receive a regulatory boost and enhanced legitimacy via the GENIUS Act, launching their own tokens could help companies transform a business expense into a profit opportunity.
The retailers’ final decisions would depend on a bill, called the Genius Act, which would begin to establish a regulatory framework for stablecoins.
Referenced by
Legislative dependencies and early-stage stablecoin exploration
Crypto news
Data block
