On July 18, 2025, President Donald Trump signed the GENIUS Act into law in the United States, creating a regulatory framework for dollar-backed stablecoins.
This law aims to position the United States as a leader in digital assets, affecting global finance and influencing crypto adoption and dollar demand.
Trump Charts New Course for Stablecoin Future
President Trump signed the GENIUS Act, which establishes a clear regulatory framework for stablecoins. This move is intended to bolster the United States’ role in digital finance and offer a predicted revolution in financial technology.
Key figures including Scott Bessent and David Sacks were involved in promoting the importance of the legislation. Trump claimed that America would become the “undisputed leader in digital assets.”
GENIUS Act Spurs $2 Trillion Stablecoin Surge Prediction
The GENIUS Act is expected to increase transparency and demand for USD-backed stablecoins like USDT and USDC. Key players have been voicing optimism over this new regulatory clarity for U.S. crypto markets.
Experts project a surge in stablecoin market cap, potentially reaching $2 trillion by 2028. The law’s promise to buttress the dollar and impact crypto markets is generating keen interest among institutional investors.
Unprecedented U.S. Commitment to Crypto Regulation
The GENIUS Act is unprecedented in its scale compared to prior U.S. efforts around crypto regulation, marking a major step forward for stablecoin acceptance and digital asset utilization.
Analysis from Kanalcoin experts suggests the GENIUS Act could significantly boost U.S. crypto market stability. The increased demand for Treasuries to back stablecoins could enhance the global standing of the USD.
President Trump’s signing the GENIUS Act is a monumental step forward for crypto assets, financial markets, and our country,” said SEC Commissioner Atkins. “Payment stablecoins will play a significant role in the securities industry moving forward, which is why I have asked SEC staff to consider whether guidance, rulemaking, or other steps may be helpful to accommodate SEC registrants utilizing payment stablecoins.
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