Big brands are sleepwalking when it comes to stablecoins

Large brands such as Amazon and Walmart are increasingly exploring stablecoins for their transaction capabilities. However, they often overlook the privacy risks associated with blockchain technology, which could impact customer trust and corporate reputations.

Legislation like the GENIUS Act emphasizes regulatory compliance for stablecoins but neglects privacy concerns. The article argues that without enhanced privacy features, stablecoins may struggle to gain widespread adoption, risking consumer data exposure.

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