"Stablecoins are digital dollars that move at internet speed. Thanks to the GENIUSAct, they now have a formal regulatory framework in the U.S., including access to the Fed's payment rails. Translation: These dollars are just as legitimate as the ones in our bank accounts-but they're faster, always on, and programmable (meaning they can be engineered to do specific things based on milestones, such as send money only when an electronic signature is completed)."
"It's tempting to frame this all as a Wall Street or capital markets story. And full disclosure, there is a big capital markets story and I am a student of financial history and fintech. My college thesis was on mortgage markets and I spent years at fintechs SoFi, Brex, and now Figure. But I'm also a person with a mortgage and young kids, and what excites me most is how this plays out in real life, with real life impact."
Stablecoins are digital dollars that operate at internet speed and now have formal U.S. regulatory framework and access to Federal Reserve payment rails via the GENIUSAct. These dollars are as legitimate as bank balances while being faster, always available, and programmable to trigger conditional transfers based on events such as electronic signatures. The shift enables instant payroll and benefits for gig and hourly workers, reduces processing delays, and supports new financial products. The change affects both capital markets and everyday households by improving settlement speed, expanding programmability of money, and enabling practical, consumer-facing use cases.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]