The biggest limitation of the Genius Law is StableCoins can't pay interest.
If only you could earn interest on your StableCoins by lending them out against Bitcoin.... If only....

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Source: Carbon Chain Value
Original Title: Former Greek Finance Minister Suddenly Warns: Stablecoins Are Like a Time Bomb

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Author: Yanis Varoufakis, Economist, Former Greek Finance Minister. He has authored several bestselling economic books, with his latest published work being 'Another Now: Dispatches...'

"More dangerous than the subprime mortgage crisis" - Former Greek Finance Minister angrily criticized the US GENIUS Act

Just as the global market was plunging into panic due to fears of a full-scale escalation of the US-Iran conflict, a message from former US President <Trump> arrived like a "savior from the sky". On local time June 23, <Trump> claimed that longtime enemies Israel and Iran had reached an agreement on a "comprehensive and complete ceasefire".

As soon as the news broke, the market immediately reversed. Previously, oil futures that had plummeted due to war panic instantly wiped out risk premiums; and Bitcoin, representing risk assets, staged a thrilling V-shaped counterattack, leaping out of the abyss of panic selling and forcefully breaking through the $106,000 mark. This rally driven by the "peace expectation"...

Iran-Israel ceasefire, Bitcoin rebounds violently, what's next?

On June 24, the U.S. President Trump announced a ceasefire between Israel and Iran, significantly alleviating market risk aversion. The crypto market quickly responded, with BTC momentarily breaking through $106,000, surging over $6,000 in a single day, and market sentiment visibly warming up. However, there are still divergent views on whether this rally can be sustained.

@EasyEatsBodega:
The high point continues to move downward, maintaining caution for now. BTC needs to firmly stand above $106K to potentially launch a stronger rebound, otherwise it tends to retrace to $94-96K.
Source: https://x.com/EasyEatsBode...

Hot topic: Israel and Iran suddenly announced a ceasefire, Bitcoin rebounded strongly, can it continue to rise?

By the way, this is another major advantage of Bitcoin over Gold.
You can easily earn interest on it.

Somebody should build a lending platform for native Bitcoin that allows interest to be earned on Stables.
@bensig