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DeepBlueStakingStone

2026-05-21 03:36:02

The stablecoin ETF is finally here, and the compliance benefits from the GENIUS Act wave have been reaped.

GENIUS-1.59%

View Original

MeNews2026-05-21 03:21:52

Defiance ETFs has submitted an ETF application that complies with the provisions of the GENIUS Act.

ME News Report, May 21 (UTC+8), Bloomberg ETF analyst James Seyffart stated that Defiance ETFs has applied for a new type of money market ETF that complies with the GENIUS Act. The act provides a federal regulatory framework for the issuance of payment stablecoins, imposing stricter reserve standards than traditional money market funds. This fund aims to adhere to the U.S. Stablecoin Act's requirements for qualified reserve assets. (Source: MLion)

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