0
0
Bitget CEO Gracy Chen says regulated stablecoins like USDC and USDT could see 20% to 30% annual growth under the newly advanced GENIUS Act. The U.S. law brings stablecoins under formal oversight, aiming to boost trust, drive institutional adoption, and strengthen the global role of the U.S. dollar.
The bill now moves to the House of Representatives for review, with President Trump urging its swift passage.
Notably, the GENIUS Act requires stablecoin issuers to maintain reserves backed by U.S. Treasury securities.
This measure aims to reduce risk, increase transparency, and tie digital assets more closely to the strength of the U.S. economy.
Related: Trump’s Push for Speed Puts Senate-Passed GENIUS Act to a Political Test in the House
In her commentary, Bitget’s Chen…
The post USDC, USDT Market Caps Could Grow 30% Annually Under New U.S. Law: Bitget CEO appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
