Source tweet says Jack Zhang/Airwallex, not Jack Dorsey's Block, so the framing needs a correction before anyone trades the narrative. Airwallex bringing 200-country/90-currency local rails to Metal makes this closer to a Canton/Partior lane for regulated stablecoins, tokenized deposits and money markets than an L1 chasing retail DeFi TVL. GENIUS compliance only matters if the chain can preserve KYC/AML controls without killing composability; otherwise it becomes another permissioned settlement silo with better marketing.

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