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GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec

July 20, 2025 by DIGIT
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GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec

Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles.

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  • binancecoinBNB(BNB)$612.010.07%
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  • bitcoinBitcoin(BTC)$66,006.00-2.09%
  • ethereumEthereum(ETH)$1,934.74-0.78%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$612.010.07%
  • rippleXRP(XRP)$1.36-1.39%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$77.95-2.18%
  • tronTRON(TRX)$0.2798430.49%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.40%
  • dogecoinDogecoin(DOGE)$0.0926241.46%