According to ChainCatcher and Cointelegraph, Logan Payne, a lawyer from Winston & Strawn specializing in cryptocurrency, analyzed three upcoming cryptocurrency bills and suggested that the GENIUS bill might bring uncertainty to how DeFi platforms handle stablecoins. "How GENIUS will affect DeFi, at least for now, we have deliberately left some mysteries unsolved, and there will still be many uncertainties in the future. However, under the overall policy environment, if this trend continues, we will gradually get some answers over time."
Payne stated, "In the coming years, more legislation will be introduced, and some regulations will be developed to fill the gaps in the DeFi field".
