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RYAN SΞAN ADAMS - rsa.eth 🦄
RYAN SΞAN ADAMS - rsa.eth 🦄|Jun 18, 2025 20:21
In the GENIUS bill citizens get stablecoins but they don't get yields Stablecoin issuers keep the 4% annual treasury yield - they cannot pass it to customers The banks lobbied hard to keep their rent seeking monopoly and they kept it...for now. We're chipping away the banks.
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Timeline

Jul 18, 20:05【Gene bill passed to reflect ecosystem progress】
Jul 18, 19:27【Trump signs the Genius Act to establish a stablecoin framework】
Jul 18, 18:03【SharpLink becomes the largest corporate holder of ETH】
Jul 18, 16:58【Regulatory agencies prefer tokenized bank deposits】
Jul 18, 15:08【2T payment financing market established for banks】
Jul 18, 11:55【Banks either accept Bitcoin or risk being disrupted】
Jul 18, 11:49【Minister's acquittal sparks public attention】
Jul 18, 11:42【Stablecoins belong to the category of banking regulatory agencies】
Jul 18, 11:00【The United States establishes a federal framework for stablecoins through GENIUSAct】
Jul 18, 09:15【The Bank of England is expected to cut interest rates twice】

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