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GENIUS Act Lacks 'Robust Guardrails' for Stablecoin Users, Fed's Barr Warns

Federal Reserve Governor Michael Barr said the new GENIUS Act represents progress in regulating stablecoins. Barr noted that it has no strong guardrails to protect holders and guarantee the system stays stable in the long term. Barr Recognizes the Role of Stablecoins in Payment Settlements Delivering a speech at the 2025 D.C. Fintech Week inThe post GENIUS Act Lacks 'Robust Guardrails' for Stablecoin Users, Fed's Barr Warns appeared first on CoinGape.

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