Tether
Competition Policy and Digital Assets: Monopoly, Network Effects, and Crypto Market Structure
Digital asset markets exhibit strong network effects, winner-take-all dynamics, and concentration risks. Competition policy — largely absent from crypto regulation — is the missing dimension of tokenization policy.
Stablecoin Policy and Investment: GENIUS Act, MiCA, and the $2 Trillion Market
The stablecoin market is projected to reach $2 trillion by 2028. The GENIUS Act and MiCA are the two regulatory frameworks that will define who wins this market — and their implications for investors differ dramatically.