NEW EP: How the Genius Act Could Change the Dollar Forever With Sam Kazemian & Stani Kulechov
Stablecoins currently represent just 1.1% of US Dollars. That’s about to change.
In today's episode of Mammoth May🦣, @robbie_rollup sits down with @$aave founder @StaniKulechov & @Fraxfinance founder @samkazemian, to cover:
> The Genius Act & Legal M1 Stablecoins
> Why Banks Hate This Bill
> Frax’s Pivot to Digital Dollar Infrastructure
> $Aave V4 & the Future of Onchain Credit
> Why RWAs will Eclipse Crypto & Stables
> Sam’s Stablecoin x AI Thesis
Full episode links below.
Timestamps:
00:00 Intro
01:17 Magic Ad
01:33 Massive Stablecoin Adoption
09:01 Stablecoins vs the US Dollar
18:53 Stablecoins, RWAs, Security Tokens
26:15 Big Banks Launching Stablecoin
30:28 Mantle Ad
31:09 Extending US Dollar Credit
37:38 Genius Act Reactions
46:30 Frax’s L2 to L1 Transition
59:44 $AAVE V4 Proposal