Stablecoins surged in 2025 as the GENIUS Act removed key regulatory barriers, unleashing record institutional inflows, rapid market innovation and intensifying competition with traditional banking rails.
Rep. French Hill, the ‘father of crypto bills,’ says market-structure efforts should tweak GENIUS to strengthen investor protections without stifling innovation in digital-asset markets.
Ethena announced its partnership with Anchorage to issue a $1.5 billion USD-backed stablecoin under the GENIUS Act. This initiative aims to integrate digital assets into the mainstream financial system, promoting transparency and stability in the market.
The GENIUS Act represents a significant step in the U.S. regulatory framework for stablecoins, aiming to provide clarity and oversight as digital assets evolve. This legislation seeks to address existing uncertainties, fostering a more secure environment for consumers and investors alike.
As the GENIUS Act debate unfolds, major tech companies are exploring the adoption of stablecoins, viewing them as a strategic financial innovation. This shift could redefine transactions in digital economies and reshape regulatory dynamics.