Market changes under the stablecoin law Genius: (1) At present, most of the existing projects do not meet the requirements, and this bill is prepared for newly entered institutions. (2) What about these stablecoins on the chain? Tai Chi will play for a while and gradually find their own transformation/surrender/exit. (3) The demand for fully decentralized stablecoins still exists, such as non anchored US dollars, anti censorship, and existing as native pricing units. But the road becomes longer.