What happens on the day after a genius act passes?

New United States Stablecoin Billknown as “leading and establishing national innovation for American stablecoins (genius) rank,” is a big move Saving a blockchain innovation in the US. Sponsored by Senator Bill Hagerty (R-Tenn.), IT Marks A Rare Moment of Bipartisan Support for Establishing A Clear Facet Of The Digital Assets Industry: Namely, An Area That Has Potential to Establish Meaningful Guidelines Around Licensing And Oversight, Transparency and Reserve Standards, and Consumer Protection and AML / KYC.

While already The Board of Senate Banking has passed In 18-6 votes, Genius ACT has yet to become a law. But if the account passes, it could start the United States next to other competencies – especially Markets in the regulation of crypto-means In Europe – who have traditionally surpassed the United States when it comes to interrupting clear regulatory frameworks for crypto.

However, it is too easy to think that a year after this law goes, the CRIPTO exchange, financial firms, and even companies such as Amazon, X and Meta will be encouraged to increase their participation in the landscape of Stablecoin. The reality is that the success of these institutions depended on access to current price foods – something that is not universally available today.

What does nobody tell about when it comes to Genius act

Real-time, accurate data on the market are what the powers of the most famous renowned exchanges and financial institutions. Consider this: The speed was everything when he was trading with high frequencies, and the most famous traders still remember that they lost great time on the arbitration of all that someone else was only a few milliseconds.

However, experts estimate that today, regulatory fragmentation leads to large losses for financial institutions, which can be so high 5-10% their annual turnover. In addition, while the total spending on the market has increased 8.1% Only in 2024 years and research also showing That growing market data costs quickly prepare consumer budgets in a way that is completely unsustainable. Last year, we are saw The consumption of breaking for recorder is assigned to market data as a result of a significant increase in the use of trading terminals. What is clear is that, as time goes, access to accurate, real-time market data will become increasingly reserved for elite that can afford.

This does not stop simply banning individual traders to receive access – some companies pay up to 12 times more than peers for the same data. And affordable options like Yahoo! Finance and Google Finance will not cut it: Here you can only get our established data, which is relatively useless to traders who must be used to market movements that happen faster than eye blinking movements.

If the Genius ACT passes, the US will have the necessary regulatory clarity in Stablecoins to increase all the participation of companies and companies, but the key part is missing for these companies and companies to successfully implement stablecoin payments and investments is a universal real-time approach.

How definitely rewrites the market data economy

The definitive potential to solve the problem of affordable, real-time accessible data through unique offers like decentralized layers price. Nothing in Tradfia There are no numerous layers that are today, which aggravate information in real time, high versions directly from first party providers, offering over a thousand symbols to anyone at any time. This eliminates monopolistic price data and ensures open, transparent access to all participants.

Through the infrastructure for the next gene, decentralized layers of prices are handled manually with traditional institutions to total fresh, the purest data directly from the source. And since the data was published on the chain, it is available without excessive costs associated with Bloomberg terminal subscription.

In addition, the execution of the Defects Protocols by using smart contracts. This imperceptibly automates the provision of liquidity, trade measures and meeting orders, minimizing costs and errors while enabling incomparable speed and efficiency. Tradfi is often strongly associated with intermediaries, but definitely democrates access, which means that each with an online connection can use decentralized tools available. At the same time, the settlement in SPI is almost-current because it uses bids on the chain to convey property and funds in seconds. This reduces the risk of persistent ignition and ensures that capital is available for continuous use – something that you are rarely located in the realm of Tradfi where the disposal of the norm are.

Why is the future of finance more than just definitely in relation to Tradfi

In the light of arrival regulatory clarity, universal real-time prices will be submitted by companies and companies to adopt stablecoin payments and participate in investments – in fact, it is a critical ingredient of their sustainability and growth.

Democratization approach is the next part of financial efficiency. When pricing data are freely available, market participants can compete on execution and liquidity, unlike the privileged approach of its own. In addition, when children for execution decentralized, liquidity is deepening, reducing the expansion and improvement of capital efficiency; And when the settlement is transparent and close to current, risks contrast, unlocking greater market participation.

But it exceeds simply pushing the default bid to an increasing number of users. Real-time approaches, accurate data in the market will improve the finance industry as a whole, opening a new era in which institutions and individuals can be equally equally competed. Although Genius ACT is an important legislation that changes to the map, we cannot forget that affordable infrastructure, accessible pricing compliance – needs to be established in the new ERI finance: those where the best of definite systems for everyone.

Mike Cahill

Mike Cahill Whether the co-founder and executive director of the DOURO laboratory, which supports the development and growth of the blockchain system, including the PTH network, defeating universal layer. Mike has over 15 years of financial experience, recently in pop-up trading and began a career in Morgan Stanley in FCS institutional sales. He was presented at Bloomberg TV, as well as in financial time, VSJ, Fortune, Forbes, Blokorks, Coindski and Real Vision. The conference presenter was also frequent and presented as a guest on podcasts, including “wolf of all streets”, “in Bring”, “FTX builders and innovators”, “Logan Jastremski”.