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Crypto: the Genius Act Could Weaken the Global Financial System According to Amundi

Summary by CoinTribune
As the stablecoins gain legitimacy, an American law revives the fractures between monetary sovereignty and the supremacy of the dollar. With the GENIUS Act, adopted by the Senate, Washington surrounds cryptos backed by the green note. However, in Europe, the response is organized. Amundi fears a global destabilization. Behind this legal framework, is emerging a monetary offensive with systemic effects. L'article Crypto: The GENIUS Act could weak…
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As the stablecoins gain legitimacy, an American law revives the fractures between monetary sovereignty and the supremacy of the dollar. With the GENIUS Act, adopted by the Senate, Washington surrounds cryptos backed by the green note. However, in Europe, the response is organized. Amundi fears a global destabilization. Behind this legal framework, is emerging a monetary offensive with systemic effects. L'article Crypto: The GENIUS Act could weak…

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CoinTribune broke the news in on Friday, July 4, 2025.
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