According to Cointelegraph, the ink is still dry on the GENIUS Act, and its ripple effects are already being felt across the crypto industry. In just seven days, the industry added nearly $4 billion, pushing the stablecoin market cap above $264 billion and spurring corporate interest in related investments.
The surge comes as no surprise. The landmark legislation provides a federal framework for banks, asset managers, and other institutional investors to issue stablecoins backed by fiat currencies without the imminent threat of enforcement action by the Securities Exchange Commission (SEC).
With regulatory clarity comes new capital, new players, and increased competition. Signs of this shift were already emerging even before the GENIUS Act was enacted.
US Cryptocurrency Legislation Drives Surge in Stablecoin Supply 4 billion Dollars
2025-07-25 00:19:08
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