Fact CheckThe Stablecoin Yield Illusion
To restore trust, the GENIUS Act leaned heavily on audits. Stablecoin issuers must now publish PCAOB-grade financial statements proving reserves exist. That sounds definitive. But here is the quiet flaw.
To restore trust, the GENIUS Act leaned heavily on audits. Stablecoin issuers must now publish PCAOB-grade financial statements proving reserves exist. That sounds definitive. But here is the quiet flaw.