Stablecoins Transition to Settlement Infrastructure Following GENIUS Act

Stablecoins are evolving from mere crypto trading tools to becoming integral components of settlement infrastructure for tokenized markets and cross-border payments. According to NS3.AI, this shift is largely driven by the GENIUS Act, which has established a federal framework for payment stablecoins. The newsletter also features expert commentary on the credibility of stablecoins and the associated policy risks. Additionally, brief updates are provided on the Clarity Act, developments at the New York Stock Exchange, and Monument.