The U.S. Dollar: Is It Time for a Stablecoin Midlife Crisis? 🤔💸
There’s a seismic shift brewing in the world of finance and it’s all thanks to the latest U.S. push to regulate dollar-backed stablecoins. Poor U.S. currency—first it had inflation to deal with, now this? Amundi, the head honcho of Europe’s asset management scene with over €2 trillion ($2.36 trillion) in assets (that’s more money than I’ll ever see), raised a ruckus on July 3rd about the Senate’s recent GENIUS Act. Just when we thought “Genius” was reserved for naming your smartest friend’s cat, here it is trying to overtake global money flows like it’s in a race at the Olympics.







