Payments
Stablecoin custody and issuance converge on one charter
Two US regulatory threads just lined up. The GENIUS Act created a federal pathway to issue payment stablecoins, and the OCC's new rule lets national trust banks hold digital assets in non-fiduciary custody - then conditionally chartered Coinbase as one. Issuance and custody can now sit inside the same federally regulated counterparty.
Lead essay
Start here when you want the current Doric argument instead of a chronological archive.
Read the note