Big Tech’s Stablecoin Dreams Crushed by GENIUS Act 😂💸
“The GENIUS Act has what I’d like to call—just for my own legacy sake—a Libra clause,” Disparte quipped on the Unchained podcast. Basically, if you’re a non-bank with dreams of minting dollar-pegged tokens, you’ve got to jump through hoops like a circus poodle. Spin up a standalone entity that looks more like Circle and less like a bank, clear antitrust hurdles, and face a Treasury Department committee with veto power. Because, you know, nothing says “innovation” like red tape. 🎪📜








