To make stablecoins truly become a mainstream payment method, a universally applicable interface layer that actively engages users must be established.
Author: Jack Forestell
Organized & Translated by: TechFlow
Last week, the Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The passage of this bill is an important step in U.S. stablecoin regulation. At Visa, we support this and believe stablecoin legislation could be a key moment in payment industry history. However, I say "could" because many challenges remain to be overcome for widespread stablecoin adoption. The emergence of stablecoins brings hope for a new era of digital programmable currency, but there is still a long way to go before true maturity.
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