The passage of the GENIUS bill will attract global users to join the dollar-based digital asset economy
2025-06-19 16:00:34
In a post on the X platform, US Treasury Secretary Vincent said that recent reports predict that the stablecoin market size could reach $3.70 trillion in the next decade. With the passage of the GENIUS Act, the outlook for the stablecoin market will be even brighter. The stablecoin ecosystem will drive private sector demand for US Treasury bonds, which are the support of stablecoins. This new demand is expected to reduce government borrowing costs and help control national debt. It may also attract millions of new users worldwide to join the dollar-based digital asset economy, which is a win-win situation for all participants.
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