Wu learned that according to encryption journalist Eleanor Terrett, the draft amendment to the GENIUS Act imposes multiple restrictions on stablecoin issuers, including prohibiting them from claiming that their stablecoins are insured by FDIC or guaranteed by US government credit, and prohibiting the use of names containing words such as "United States" or "USG" to prevent consumers from mistakenly believing that the stablecoin is associated with governments or financial institutions. In addition, the draft also restricts large technology companies (such as