POPA ReconThe Stablecoin Rulebook: 🇪🇺 MiCA vs 🇺🇸 GENIUS
The Stablecoin Rulebook: 🇪🇺 MiCA vs 🇺🇸 GENIUS In three weeks, the two biggest jurisdictions in crypto draw their lines: MiCA goes fully live July 1, and GENIUS Act final rules are due July 18. Different systems — same target. Both demand: • licensed issuers only • full 1:1 reserves, segregated • ❌ no yield to holders — banned on both sides That last one is the killer: yield-bearing stablecoins are effectively dead for retail in the US and EU. The US and EU disagree on almost everything — except what a stablecoin is allowed to be: licensed, fully-reserved, and yield-free. So which coins…
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