At NERDiT NOW, we’ve built a business on closing the digital divide and creating opportunities in technology for underrepresented communities. We believe in innovation, but responsible innovation. The digital asset industry should be held to the same standards of transparency and consumer protection as the rest of the financial system. That’s why I am sharing my concerns on a law called The GENIUS Act.

The law was supposed to be a step forward by setting guardrails for digital assets like stablecoins to protect consumers and the broader financial system. But a loophole buried in the law threatens to do the opposite: put community banks, small businesses, and working families at risk.

Here’s what’s happening. The GENIUS Act set up guidelines on stablecoins, but importantly banned stableco

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