Transak CEO says GENIUS Act is forcing boardrooms to have a stablecoin strategy

The GENIUS Act has officially turned stablecoins into a mandatory board-level strategy, and legacy banks are already losing the race. Stablecoin volume has surged to $1.79 trillion, surpassing traditional ACH systems. The real winners won't be the financial giants, but lean, AI-powered startups that can ship faster without legacy baggage to unwind. If a tiny team can now run a global financial product, why do we even need massive banks anymore? Is traditional banking becoming obsolete?
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