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Circle Urges “Same Activity, Same Rules” For GENIUS Act Stablecoins

Circle Urges “Same Activity, Same Rules” For GENIUS Act Stablecoins

By Cryptonews
Circle has submitted comments to Treasury on the GENIUS Act, proposing fully backed payment stablecoins, segregation of reserves, par-value redemption, monthly checks, issuer parity, reciprocal foreign regimes, predictable penalties, and guidance on accounting and global use to support market clarity.

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Positive
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general
Reading Time
1 min
Article Type
Article
Topics & Keywords
#stablecoins

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