Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending
What we know so far
CoinDesk (Nov 11, 22:00): Institutions weighing DeFi lending tend to ask which markets are safest. Mike Hathaway and Joseph Quintilian of Ajna argue the better question is who can change a loan’s terms after the money is lent, and why a fully backed stablecoin offers no protection against a token vote or a faulty price feed.
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