From the GENIUS Act to the STABLE Act: How Olympus Pact Responds to Global Regulatory Shifts

Since stablecoins first entered the public eye in the form of “fiat-pegged” tokens, their development has evolved from the early USDT model (Stablecoin 1.0) to algorithm-based experiments such as AMPL and UST (Stablecoin 2.0). However, with the collapse of UST and the outbreak of multiple systemic risks, the global market has come to realize that stablecoin schemes relying solely on fiat custody or algorithmic design are incapable of withstanding real-world trust crises and regulatory challenges. Against this backdrop, stablecoins have entered the 3.0 era—an age of institutional restructuring, where the core no longer lies in the form of the peg, but in the credibility, transparency, and censorship resistance of the system itself.From the GENIUS Act to the STABLE Act: How Olympus Pact Responds to Global Regulatory Shifts

U.S. regulators have expressed growing concern about the risks associated with stablecoins through various legislative proposals. The GENIUS Act emphasizes that stablecoin issuers must provide clear asset collateral proofs and transparent reporting mechanisms, while the STABLE Act goes even further by requiring stablecoin projects to be subject to prudential regulatory frameworks similar to those governing banks. These signals undoubtedly indicate that any stablecoin protocol aiming for long-term viability within a global compliance context must incorporate both verifiable on-chain asset logic and governance assurances at the institutional level, rather than relying on outdated paradigms of paper-based promises or centralized endorsements.

The dilemma lies in the fact that most stablecoin projects fall into a double bind when responding to regulation: either they abandon decentralization in favor of centralized custody to obtain “legitimacy,” or they stick to pure decentralization but fail to offer credible collateral and auditing capabilities—thus swaying indecisively between legal compliance and market viability. Olympus Pact proposes a possible third path—constructing a protocol order centered around a sovereign staking system and a signatory governance mechanism, responding to compliance demands at the institutional level while preserving decentralization through technical means, making “trustworthiness” the strongest foundation of stablecoins.

From the GENIUS Act to the STABLE Act: How Olympus Pact Responds to Global Regulatory Shifts

In Olympus Pact, stablecoin issuance is not based on unilateral minting authority from a project team, but rather operates through a “sovereign staking” mechanism, where holders voluntarily stake to obtain identity credentials, and then complete governance authorization through a “protocol signing” procedure. This process means that the creation of every Olympus stablecoin is accomplished through transparent, auditable on-chain governance—collateral information is public, governance records are traceable, and participants are verifiably real—eliminating the possibility of black-box minting and proxy trust. More importantly, this institutional framework does not rely on centralized fiat custody, but is anchored by on-chain representations of Real World Assets (RWA) and treasury reserves, building a secure mechanism through a triple-loop of currency, governance, and assets.

We believe that the stablecoins of the future must not only be censorship-resistant and tamper-proof on the technical level, but also resilient to trust crises at the institutional level. The original design intention of Olympus Pact is to shift the stable mechanism from “design games” to “institutional consensus”, allowing users to trust not in the promises of a central entity, but in the rule-based collective governance of all signatories. This trust is not an emotional abstraction, but a chain-based reality implemented through staking incentives, consensus weighting, and governance logs.

Institutional consensus is the ultimate logic of Stablecoin 3.0. Only when the system itself possesses a credible path of origination, an evolving governance structure, and a coherent risk mitigation mechanism can a stablecoin survive regulatory storms and market turbulence, becoming a truly dependable carrier of value for global users. What Olympus Pact offers is not just a new currency model, but a complete institutional operating system. Within this system, every participant is a co-builder of the institution; the value of every stablecoin is traceable through its governance trajectory; and every protocol evolution is anchored by the synergy between real-world assets and collective will.

From the GENIUS Act to the STABLE Act: How Olympus Pact Responds to Global Regulatory Shifts

In an era of uncertainty, only institutions are worthy of trust. Olympus Pact makes no promises, no wishes—we simply construct a constitutional code written into the blockchain, into signatory processes, into governance flows. Here, trust is not demanded, it is documented.

Welcome to the era of Stablecoin 3.0—where Olympus Pact is the ultimate value anchor.