GENIUS 法案只保發行端！DeFi 借貸條款還能被投票改掉

Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending

Institutions weighing DeFi lending tend to ask which markets are safest. Mike Hathaway and Joseph Quintilian of Ajna argue the better question is who can change a loan’s terms after the money is lent, and why a fully backed stablecoin offers no protection against a token vote or a faulty price feed.