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> Trump signed the GENIUS Act, which regulates stablecoins, in 2025: https://en.wikipedia.org/wiki/GENIUS_Act https://en.wikipedia.org/wiki/GENIUS_Act How did
by stopbulying 8mo ago
> Trump signed the GENIUS Act, which regulates stablecoins, in 2025: https://en.wikipedia.org/wiki/GENIUS_Act https://en.wikipedia.org/wiki/GENIUS_Act
How did the GENIUS Act affect Trump's private profit stablecoin?
>> The Impact on USD1: Since World Liberty Financial cannot pay interest to you [due to the GENIUS Act], they are allowed to keep nearly 100% of the interest generated by the U.S. Treasuries backing the coin. This effectively protects the 75% revenue share for Trump-affiliated entities by ensuring that yield stays at the protocol level (where the family collects it) rather than being distributed to the users.