Washington's GENIUS Act has crypto advocates celebrating clear stablecoin regulation. Politicians tout it as cementing dollar dominance for decades. The financial press frames it as America's masterstroke against competing currencies. They're all missing the point. The GENIUS Act didn't create a protective moat around the dollar. It handed every other nation a blueprint for building their own digital currencies. Regulatory Clarity Cuts Both Ways The GENIUS Act deserves credit for bringing much-needed cl ...