Space Recap: New Stablecoin Regulations & The Rise of Banking 2.0

This Space focused on the establishment of a federal framework for stablecoins under the GENIUS Act and the increasing trend of “Banking 2.0.” Participants discussed compliance, privacy, and settlement efficiency. Key takeaways include: stablecoins moving closer to resembling bank deposits (e-money), but not being equivalent; compliance shouldn’t hinder privacy; and the potential of privacy blockchains as the underlying infrastructure for compliant stablecoins. Q&A explored these topics in detail.