The GENIUS Act and the Wild West of crypto

What this episode covers

If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable asset like the dollar. But some economists warn it could have very unstable outcomes. *** Thank you for listening. Help power On Point by making a donation here: wbur.org/giveonpoint

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Frequently Asked Questions

How long is this episode of On Point with Meghna Chakrabarti?

This episode is 46 minutes long.

When was this On Point with Meghna Chakrabarti episode published?

This episode was published on July 11, 2025.

What is this episode about?

If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable asset like the dollar. But some economists warn it could have very unstable outcomes. *** Thank you for listening. Help...

Can I download this On Point with Meghna Chakrabarti episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.