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July 5, 2025 at 1:03 PM

Amundi opposes the U.S. stablecoin model due to concerns about dollarization and capital flight, and warns that the GENIUS Act could weaken the global financial system.

July 4, 2025 at 12:39 PM

Amundi, a European asset management firm, warns that the U.S. GENIUS Act and the rise of stablecoins threaten to destabilize the global payment system and potentially undermine the dollar's dominance.