@perkinsights: What does proof of reserves actually mean for stablecoins? Under the GENIUS Act, payment stablecoins are required to be fully backed 1:1 by high-quality, liquid assets—and issuers must regularly prove it. That means: • Clear disclosure of what backs the stablecoin • Independent attestations or audits This video walks through how proof of reserves works and how the GENIUS Act aims to bring transparency and trust to stablecoin markets—without turning them into banks. Educational discussion only. Not legal or financial advice. #GENIUSAct #Stablecoins #ProofOfReserves #DigitalAssets