Wall Street is moving onchain - migrating to a parallel financial system where anything of value moves at the speed of the internet. Last month, Congress passed the GENIUS Act, providing institutional legitimacy for the +$257 billion stablecoin market and regulatory clarity for payment stablecoins issued in the United States. Fundstrat Global Advisors’ Tom Lee refers to stablecoins as the “ChatGPT moment for crypto". One of the first products in the sector with mainstream utility. The GENIUS ...

Wall Street is moving onchain - migrating to a parallel financial system where anything of value moves at the speed of the internet. Last month, Congress passed the GENIUS Act, providing institutional legitimacy for the +$257 billion stablecoin market and regulatory clarity for payment stablecoins issued in the United States. Fundstrat Global Advisors’ Tom Lee refers to stablecoins as the “ChatGPT moment for crypto". One of the first products in the sector with mainstream utility. The GENIUS ...