Will the US bill trigger a new cycle of stablecoins?

🇺🇸 An American bill that almost no one noticed is quietly determining the future of stablecoins. It is not a #Meme, nor a new coin, but it may change the digital financial landscape in the next 10 years. Its name is: GENIUS Act

1️⃣ Why should we pay attention to "stablecoins"?

  • Stablecoin = the underlying protocol of the US dollar in the crypto world:

  • Used for exchange deposits, on-chain payments, cross-border settlements, and DeFi lending

  • Mainstream in the market: USDT / USDC / FDUSD / DAI / USDe…

But it has always had problems:

⚠️ Are the reserves real?

⚠️ Is the regulation compliant?

⚠️ Will there be another UST crash?

The GENIUS Act is the standard answer given by the United States.

2️⃣ What is the GENIUS Act? (Highlight the key points)

This is a federal bill that is being promoted in the United States. Its full name is: Guaranteed Electronic Notes Innovation and Utility Standard

It incorporates stablecoins into a unified regulatory system, with three key points:

#Stablecoin is clearly defined: it must be anchored to #fiat currency and is limited to “payment purposes”

✅ 1:1 reserve enforcement: supporting assets are cash/treasury bonds + audit disclosure

✅ PPSI: Circle/Walmart and other institutions can apply for compliant licenses to issue stablecoins

📌 Example:

  • Circle issues USDC

  • Assume Walmart issues WUSD

  • They are all anchored to USD, subject to unified regulatory standards, and users are free to choose.

3️⃣ Why is it called “super beneficial”?

📊 Summary: This is not tightening, but loosening

✅ Unlock billions of dollars in liquidity

  • Traditional financial and technology companies (such as PayPal and Stripe) can participate in compliance and drive a surge in stablecoin assets.

✅ Make the US dollar the “on-chain sovereign currency”

  • Export the USD standard globally to counter digital currencies of other countries (such as eCNY, Euro CBDC).

✅ Promote the scale upgrade of DeFi protocol

  • More lending platforms (like AAVE/Morpho) will benefit from stablecoin liquidity

  • The transaction depth and profit strategies of protocols such as Curve and Pendle will also grow simultaneously

  • DeFi active users and on-chain TVL all rise

4️⃣ This is not a positive sign that the stock will rise tomorrow, but it is very certain

⚖️ The GENIUS Act has not yet been formally passed. It is expected to take 6-12 months to promote and negotiate

But it sends a very clear signal:

✅ The United States will embrace compliant stablecoins through legislation

✅ And promote USD to become the sovereign currency standard of Web3

📌 This means that stablecoins are no longer a "regulatory blind spot" but an officially recognized main battlefield

✅ Conclusion: This is not a short-term sentiment, but a confirmation of a long-term trend

The GENIUS Act is no less significant than the approval of a Bitcoin ETF:

This is the first time that the United States has used clear legal language to regulate the monetary function of crypto assets.

It is also the institutional basis for the stablecoin to obtain "orthodox identity" for the first time

📌 While everyone is still chasing short-term hot spots, the real big opportunities are quietly unfolding at the policy level.

1️⃣ Why should we pay attention to "stablecoins"?

  • Stablecoin = the underlying protocol of the US dollar in the crypto world:

  • Used for exchange deposits, on-chain payments, cross-border settlements, and DeFi lending

  • Mainstream in the market: USDT / USDC / FDUSD / DAI / USDe…

But it has always had problems:

⚠️ Are the reserves real?

⚠️ Is the regulation compliant?

⚠️ Will there be another UST crash?

The GENIUS Act is the standard answer given by the United States.

2️⃣ What is the GENIUS Act? (Highlight the key points)

This is a federal bill that is being promoted in the United States. Its full name is: Guaranteed Electronic Notes Innovation and Utility Standard

It incorporates stablecoins into a unified regulatory system, with three key points:

#Stablecoin is clearly defined: it must be anchored to #fiat currency and is limited to “payment purposes”

✅ 1:1 reserve enforcement: supporting assets are cash/treasury bonds + audit disclosure

✅ PPSI: Circle/Walmart and other institutions can apply for compliant licenses to issue stablecoins

📌 Example:

  • Circle issues USDC

  • Assume Walmart issues WUSD

  • They are all anchored to USD, subject to unified regulatory standards, and users are free to choose.

3️⃣ Why is it called “super beneficial”?

📊 Summary in one sentence: This is not tightening, but loosening

✅ Unlock billions of dollars in liquidity

  • Traditional financial and technology companies (such as PayPal and Stripe) can participate in compliance and drive a surge in stablecoin assets.

✅ Make the US dollar the "on-chain sovereign currency"

  • Export the USD standard globally to counter digital currencies of other countries (such as eCNY, Euro CBDC).

✅ Promote the scale upgrade of DeFi protocol

  • More lending platforms (like AAVE/Morpho) will benefit from stablecoin liquidity

  • The transaction depth and profit strategies of protocols such as Curve and Pendle will also grow simultaneously

  • DeFi active users and on-chain TVL all rise

4️⃣ This is not a positive sign that the market will rise tomorrow, but it is very certain

⚖️ The GENIUS Act has not yet been formally passed. It is expected to take 6-12 months to promote and negotiate

But it sends a very clear signal:

✅ The United States will embrace compliant stablecoins through legislation

✅ And promote USD to become the sovereign currency standard of Web3

📌 This means that stablecoins are no longer a "regulatory blind spot" but an officially recognized main battlefield

✅ Conclusion: This is not a short-term sentiment, but a confirmation of a long-term trend

The GENIUS Act is no less significant than the approval of a Bitcoin ETF:

This is the first time that the United States has used clear legal language to regulate the monetary function of crypto assets.

It is also the institutional basis for the stablecoin to obtain "orthodox identity" for the first time

📌 While everyone is still chasing short-term hot spots, the real big opportunities are quietly unfolding at the policy level.

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Author: BTC_Chopsticks

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: BTC_Chopsticks. Please contact the author for removal if there is infringement.

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