Amundi warns GENIUS Act could backfire, undermining dollar dominance
- Posted on July 3, 2025
- By Cointelegraph
- 1 Views
Amundi warns GENIUS Act could backfire, undermining dollar dominance
European asset manager Amundi warns that the US GENIUS Act could boost dollar-backed stablecoins in ways that threaten the greenback’s dominance and destabilize the global payment system.