Dante Disparte
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Dante Disparte discussed a provision in the GENIUS Act preventing tech and bank giants from dominating the stablecoin market.
“no risk-taking, no leverage, no lending,”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Disparte explained the strict balance sheet limitations for banks issuing stablecoins under the legislation.
“a standalone entity that looks more like Circle and less like a bank,”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Disparte described the structural requirements for non-banks seeking to issue dollar-pegged tokens.
“is a secondary-market innovation”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Disparte addressed criticism of the GENIUS Act's ban on interest-bearing stablecoins.
“Crypto is finally getting what it wanted: legitimization, a path for legal and regulatory clarity in the United States and an opportunity to compete,”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Disparte praised the passage of the bipartisan stablecoin legislation for bringing regulatory clarity to crypto.
“It creates clear rules that I think in the end the biggest winners are the US consumers and market participants and frankly the dollar itself,”
Dante Disparte · said 2025-07-19 · reported 2025-07-20
Disparte outlined how the GENIUS Act's rules will benefit consumers, market participants, and the US dollar.