A16z Calls for Clarity on Decentralized Stablecoins’ Status under the GENIUS Act

Venture capital firm A16z urges clarity on whether decentralized stablecoins are subject to the GENIUS Act, proposing exemptions and alternative solutions. The firm argues that these assets should not fall under regulation of the act due to their decentralized nature and lack of a central issuer. Instead, they recommend a framework based on the 2025 Digital Asset Market Clarity Act, which would exempt certain decentralized activities from intermediary regulations.