I just came across this article by President Trump, and I actually quite agree with it.

Combining with Boss Eric's remarks, I’ve summarized some aspects of the delay in passing the "Genius Act."
This article purely considers the logical perspective.
❓ What are the current issues in the industry?
📖 Compliance is the prerequisite.
🏃 Who might benefit from compliance?
👆 Future evolution.
🤔 Some derived thoughts.
❓ What problems currently exist in the industry?
Traditional logic: Just an example here.
Banks attract deposits with 2% interest ➡, then lend out those deposits to earn over 5% interest ➡, pocketing the 3% interest margin.
Banks don’t need heavy assets or complex marketing; just rely on compliant channels to make money.
2. The current crypto logic: also quite shady.
A project receives US dollars from users ➡, issues corresponding stablecoins to users ➡, then uses the US dollars to buy government bonds ➡, and users get nothing in return.
All the income from the bonds is pocketed by these projects.
📖 Compliance is a necessary condition for stablecoins to take off, acting like an engine.
Someone needs to change the game, giving most of the profits back to users.
That’s why the Genius Act was born.
The Genius Act has always encouraged the idea of allowing stablecoins to “distribute dividends,” meaning, for example, a related stablecoin issuer only needs to transparently disclose reserve assets, and the stablecoin can distribute the underlying asset income to holders.
🙋 But here’s the problem: if stablecoins can pay dividends, it’s equivalent to traditional financial institutions facing significant impact.
This is the reason they’ve always opposed it, trying to prevent this plan from being implemented.
🏃 It’s foreseeable that: the Genius Act will definitely pass.
No one can stop the trend of cryptocurrencies and the rights of stablecoin holders to earn profits.
Once the Genius Act passes ➡, dividend-paying stablecoins will rise ➡, the current banking system and traditional stablecoin issuers will face huge shocks ➡, and emerging stablecoins will become the new leaders.
Who can benefit the most from this?
1. Projects that are already prepared to share profits with users—those with an advantage in their products will gain a first-mover advantage once the bill is enacted.
2. All compliant solutions are already ahead, such as OCC national trust banks and other compliant pathways—who is laying out plans?
3. Existing resources and endorsements are very strong.
4. Native pure crypto projects—Web2 giants are not welcomed here to share the pie; they don’t understand crypto.
Anyone who meets the above criteria can look into it themselves.
👆 Once the Genius plan passes,
For the industry: it means stablecoins = USD.
For stablecoin projects:
It means whoever can capture more profits and share them with users ➡ will gain more community support ➡ and more market share in stablecoins.
🤔 I asked several AI large models: Gemini, Grok, MiniMax, etc.
Who will be the biggest beneficiaries once the Genius Act passes?
They all told me the same thing: @worldlibertyfi and USD1.
The reasons are similar: core lineage + advanced compliance layout + legal profit distribution = future siphoning effect.
Suddenly, I remembered a phrase: what kills traditional banks isn’t other banks, but competitors from other industries.
Let’s wait quietly for the wave of champions after the bill is enacted.
AI has already made its choice, and now everyone can bet on their own choice.