Story Highlights* Analyst claims the GENIUS Act redirects stablecoin reserves into U.S. debt, reshaping Treasury demand.
Critics argue the interpretation is exaggerated, noting the law also permits cash reserves.
The debate highlights rising tensions over stablecoin regulation, Treasury influence, and Fed authority.
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Analyst Says GENIUS Act Reshapes U.S. Debt Markets; Critics Slam “Overblown” Claims
Story Highlights* Analyst claims the GENIUS Act redirects stablecoin reserves into U.S. debt, reshaping Treasury demand.