Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future

TLDR: GENIUS Act rules will not be effective until November 2026, leaving current law as the main compliance standard. Stablecoins over $10B supply will be required to follow federal compliance, not state-chartered pathways. State regulation offers limited benefits for USDH if its supply exceeds $10B, pushing issuers toward federal rules. Evaluating USDH proposals now is [...]

The post Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future appeared first on Blockonomi.