Have you downloaded our playbook for payment providers navigating the GENIUS Act?
We've mapped out the nine layers of infrastructure required for compliant B2B stablecoin payments and where PSPs, custodians, on/off ramps, and orchestrators each might have gaps.
tl;dr - the bottom of the stack (custody, settlement, routing) is commoditizing fast. The top of the stack (trust, compliance, authorization, reconciliation) is where the differentiation and true enterprise value lives.