BIGUSDT
BIG / Tether USD
crypto

GENIUS Act 2025: How Cardano Stablecoins Win BIG! 🚀 $ADA News - Late Game Crypto with Josh Noriega

Surprises because of the GENIUS Act (Stablecoin Regs) for crypto ... in this analysis that is floating around.
WHICH PARTS DO YOU AGREE WITH? DISAGREE WITH?
The GENIUS Act (Stablecoin Regs) will be a FAR more massive strategic shift than people think. For 30 years, I’ve seen the finance/banking side of entrepreneurialism “DISALLOWED” for tech companies competing against banks, Wall Street, and the broader financial industry. The change will be more massive than people expect, because tech companies will unleash a surprisingly large wave of change and competition going forward.
That causes the following impact...
1. The TCP/IP of money happens. Conceptualize it as “Zelle-2.0-via-Crypto”: an open protocol for money, with mass adoption in e commerce and as a medium of exchange. Dual tracks emerge: proprietary companies vs. open source, competing against each other.
2. Stablecoins acting like “money market funds” will appear, giving a return on normal currency holdings. This makes parking money in stablecoins far better than banks (since they yield). It also creates a massive market of investment assets to generate those MMF returns.
3. The entire cryptocurrency tech world has been held back. Crypto with mass adoption as a “medium of exchange” (used in everyday commerce purchases) will flip and go to mass scale (over the next 10 years), including globally and cross border.
4. USD stablecoins will go mass scale with: 1) store of value, 2) medium of exchange, 3) electronic currency transmission (mobile, remote, cross border, etc.).
5. This unlocks a flood of tech companies and products in EVERY area of finance, Wall Street, banking, credit markets, investment markets, next gen asset backed securities, and e commerce. Tons of companies. All legacy companies will face massive new competitors.
6. This will be a cornerstone to save the US national debt collapse. Strategic types in DC and US intelligence will back it, because requiring USD in trusts to asset back stablecoins limits a run on USD, increases demand, and cements USD as the global reserve currency.
7. The Libertarians will like big parts of it, because: a) they can choose to store currency while turning off “fractional reserve on demand accounts,” and b) MMF returns help partially offset money printing dilution damage.
8. Donald Trump and his boys can become mega rich. His boys are busy creating a crypto finance company. They could be the next Wells Fargo founder. They will probably stumble and not become the big winner. Political leaders should ideally stay out of personal involvement. But the question for you is, do you think this will cause the administration and the Republican side to give exceptional support to “new competitors” against Wall Street for 2025–2028?
9. There will be a BIG winner. A new billionaire will be created, on the level of J.P. Morgan (the man) or Elon Musk (a $400 billionaire type person), if they run the table on crypto products across banking/investments for consumers. The person who doesn’t fumble it. The next J.P. Morgan–Chase type founder will do it with a USD stablecoin financial full suite of products (consumer & commercial banking). Bitcoin, ETH, and many others will be heavily used in those products.
10. All legacy banks & financial institutions will have to compete, be acquired, acquire others, or die. Office 365 is end to end productivity software. Amazon is end to end e commerce. A company will have a suite across all of banking/finance for consumers (and better than 2024 banking because of crypto).
11. The USD is in competition with the euro for “currency integrity” to come out the winner after a national debt collapse. This is an ace card for the USA to win, because we run circles around others at creating software companies.
12. Wall Street has turned into software back end companies over the last 15 years: high frequency automated quant funds, ML/AI. Big opportunities for the 50% of them that become best at software and win over their competitor Wall Street firms.
13. The Trump administration will protect this, because he and his boys will get uber rich. They will drool at not fumbling and becoming the biggest winner. It will be protected until 2028—maybe 2032 if a Republican is president after Trump.
14. Banks will freak out, because people will flee fractional reserve on demand accounts where banks get to “invest” and gamble with profits on money on deposit. Banking lobbyists will be on the biggest warpath to tear down the GENIUS Act.
15. The 33% of legacy US banks that can become great at software will find their growth by providing banking in other countries across the planet. US tech companies may actually steal some market share in the US on banking. But the 33% of legacy banks best at software will make their growth by providing banking in other countries—India, tiny countries, Indonesia, Pakistan, Brazil, etc.—all over the internet and mobile phones. They partner with local banks or ATM providers to provide local “Super ATMs” (ATMs plus more) automated machines.
16. The losing 50% of Wall Street will fight it. The winning 50% will love tons of new arbitrage markets, with fat profits during market growth and market changes.
17. Tech companies going after crypto in banking will put a lot of money into lobbyists to protect the GENIUS Act. Amazon, if they were smart, will go after crypto in banking. Elon Musk’s [X.com](http://x.com/) with consumer finance features.
18. “Possibly” the EU market is opened up (against their will), like a can opener opening a can, because of “Zelle 2.0 via Crypto.” The TCP/IP of money happens. Open protocol for money, with mass adoption in e commerce and as a medium of exchange. This is the back door into the EU.
19. This will fling the EU into a losing position with respect to currency, debt collapse impact, loss of reserve currency, infrastructure, finance companies in their country. The USA can provide banking services in all countries, including the EU. The EU fights it, but how can you stop someone from having a “virtual bank” provided by a US company? Your ATM debit card and credit card from them work on existing systems.
20. Ethereum esque smart contracts have mind blowing potential—ETH and non ETH versions. Utilization becomes a revolution when consumer scenarios go mainstream. When asset backing needs to be monetized on parked currency, US stablecoins are the freeway on ramp for all Americans (and across the globe) to feel like they aren’t using crypto. But they start to convert into BTC/ETH/others as scenarios use them: Polymarket betting, etc.
21. Credit markets: Visa & MasterCard face massive competition. Retail POS (cash registers) supports crypto payments, including crypto consumer debt versions (aka credit cards built with crypto). Visa & MC are in a losing situation. Their lock today is lost. Their bad economics shrink those companies. [Prosper.com](http://prosper.com/) and LendingClub business models bring the investors to provide debt for cryptocurrency credit cards. You will be surprised when you analyze Prosper & LendingClub’s business model, then map it to cryptocurrency, credit cards, and CC investors.
22. Consumer credit markets outside of credit cards: the crypto version of the business models of [Prosper.com](http://prosper.com/) & LendingClub scales with crypto equivalents—when you buy furniture pay by payments, or motorcycle and car loans.
23. Massive opportunities to Amazon / Apple / Google / X / Facebook. X will take advantage of it. Many will squander the massive opportunity, but some will win. They fund lobbyists to protect this after Trump, after 2028.
24. “Tech \* Finance” companies will be huge. One company, brilliant at both tech and finance, will become the biggest leader. US Tech+Finance companies can provide finance/banking services across the planet. Small country local banks lose big. This massively scales up collapses of their currencies, national debt collapses, and runs on banks.
25. US legacy banks can face huge one time risks of runs on banks. Citizens flee for MMF returns on stablecoins for all of their holdings. Hopefully the Fed doesn’t mass money print to buy banks’ long term illiquid investments during bank runs.
What are your thoughts?

With a background in finance, I understood the problem that Ripple was trying to solve, bought into their use case, and acknowledged this was a real life company.
The contrarian in me is what kept me holding and stacking, knowing full well I could be wrong, but IF I’m right, it will pay off BIG! I continue to hold because I’m more convinced than ever that I’m right.

Folks don't realize once the BIG money steps in and starts buying/using the tokens as they are designed...
we will be in tears *wishing* we sold the house to buy more at $3.5

Where is that BIG thing in July 20th? Everybody talks about the Coldplay/HR lady and how Trump is hiding the list… did I miss something?