Crypto Long & Short: Why the GENIUS Act’s Guarantees Exclude DeFi Lending
Key Highlights Stablecoins are receiving clearer, standardized regulatory guidelines, unlocking national-scale adoption including debt servicing and the global propagation of the U.S. dollar. Despite growing adoption, decentralized finance (DeFi) lending markets remain constrained by structural vulnerabilities tied to centralized decision-making and shared oracle infrastructure. The industry’s shift toward convenience, curated vaults, and standardized risk controls ...