@alexanderelorenzo: A capital rule written after the 2008 crash was just switched off for one asset, and the biggest banks in America are already building on it. Get the $1 AI trading system: skool.com/coinpicksgenesis The GENIUS Act says the Collins Amendment, the post crisis leverage capital floor in section 171 of Dodd Frank, does not apply to capital rules for payment stablecoin issuers. Banking scholars already have a name for what that opens up. Shadow banking 2.0. Watch who moved since July. Early Warning, owned by seven banks including JPMorgan Chase, Bank of America, Wells Fargo, PNC, US Bank, Truist and Capital One, unveiled its own stablecoin. JPMorgan's deposit token went live on a public blockchain. Circle received final OCC approval for a national trust bank on July 10. Tether reported about $141 billion in US Treasury bills, which it says makes it the 17th largest holder of US Treasuries in the world. Visa became a validator on Tempo, the chain Stripe cofounded. Western Union, 175 years old, put its dollar on Solana. Stablecoin transfer volume hit a record $33 trillion last year. Then the new Fed chair told Congress, we do not want to be in the bailout business, full stop. So the capital floor is off, the lender of last resort is stepping back, and the banks are building anyway. Why the rush? Licensing turns on January 18, 2027. Regulators already blew their own rulemaking deadline and produced zero final rules. Supply has stalled around $300 billion since October. The Treasury Secretary says it could grow tenfold by the end of the decade. What this means for your money: the rails are being laid before the volume arrives. Position before the traffic, not after. skool.com/coinpicksgenesis

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Saturday 25 July 2026 15:30:45 GMT