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Stablecoins fuel liquidity, not yet money: Mike Dolan

The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support, while critics fear fraud, volatility, and limited real economic impact.

​The U.S. “Genius Act” has legitimized stablecoins, fueling debate on whether their $250B market will stabilize Treasuries or trigger systemic risks. Proponents see demand support, while critics fear fraud, volatility, and limited real economic impact. 

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