Stablecoin Market Cap Soars to $250B as GENIUS Act Nears Final Approval – A New Era for Crypto?

The stablecoin market just smashed through the $250 billion barrier—right as the GENIUS Act enters its final legislative stretch. Is this the regulatory green light crypto’s been waiting for, or just another case of 'too big to fail' theater?

Regulation Meets Rocket Fuel

With the GENIUS Act nearing approval, stablecoins—the boring-but-critical plumbing of crypto—are suddenly front-page news. The $250B milestone isn’t just a number; it’s a flashing neon sign that institutional money wants in, provided politicians don’t screw it up first.

Wall Street’s Worst Kept Secret

Funny how 'decentralized' finance keeps tripping into the arms of regulators. The GENIUS Act could finally give stablecoins legal guardrails—or turn them into another plaything for banks who still think blockchain is a type of ski binding.

One thing’s clear: when crypto and Congress collide, grab popcorn. And maybe hedge with some physical gold—just in case.

The increasing attention on stablecoins has also boosted stocks like Circle (CRCL) and Coinbase (COIN), both gaining 33.8% and 16%, respectively, over the past trading sessions. 

With the GENIUS Act on the verge of coming into effect, it could position the U.S. as a global crypto leader, with it challenging China’s digital yuan, which processes $14 billion monthly. However, concerns linger over potential corruption risks, with critics like Senator Elizabeth Warren cautioning against unchecked growth.

Also read: Tether Pushes for Board Seat at Juventus After €128M Stake Buy