Stablecoin Market Faces Growth Cap Under GENIUS Act, Economist Issues Warning
Key Insights: Berenberg economist Atakan Bakiskan argued that stablecoin market faces structural limitations that prevent significant growth, despite new federal regulations designed to legitimize the sector. Bakiskan stated that stablecoins were unlikely to absorb substantial US government debt or compete effectively with bank deposits. The economist pointed to the GENIUS Act's prohibition on interest payments [...]The post Stablecoin Market Faces Growth Cap Under GENIUS Act, Economist Issues Warning appeared first on The Coin Republic.