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Molly White
molly.wiki
did:plc:exrxvyu6bpoym6mbnctke5tn
Adam Levitin on the GENIUS Act: “Congress is about to put the claims of stablecoin investors ahead of ma and pa's bank deposits ... [T]he FDIC's Deposit Insurance Fund is footing the bill. In other words, the GENIUS Act is subsidizing stablecoin issuance on the back of bank deposits.”
https://www.creditslips.org/creditslips/2025/05/the-genius-acts-insolvency-provisions-crypto-investors-come-ahead-of-bank-depositors.html
2025-05-21T13:54:17.146Z