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The US GENIUS Act promotes new opportunities in the stablecoin market with broad investment prospects.
The Crypto Assets stablecoin market welcomes new opportunities
Recently, significant developments have emerged in the stablecoin sector of Crypto Assets. The GENIUS stablecoin bill passed by the U.S. Senate introduces a new regulatory framework for the industry, which could have far-reaching effects on the entire market.
The core content of the bill includes establishing a dual-track regulatory system, requiring 1:1 reserves, enhancing information disclosure and auditing, setting up a licensing system, strengthening anti-money laundering compliance, and protecting consumer rights. It is worth noting that the bill requires stablecoin issuers to hold highly liquid, low-risk assets as reserves, such as USD cash, short-term government bonds, etc.
This regulation could become a new tool for the U.S. government to manage its debt. Analysts predict that by 2028, the global market value of stablecoins may reach $2 trillion. This means that stablecoin issuers will become significant buyers of U.S. Treasury bonds, helping to reduce the government's borrowing costs.
For investors, the development of the stablecoin industry has brought new opportunities. In addition to the leading companies that are already listed, there are other potential investment opportunities within the stablecoin ecosystem. For example, companies providing stablecoin services in niche scenarios may benefit. Small cross-border payments are a noteworthy area, as stablecoins can significantly enhance transfer speed and reduce costs.
In addition, the growth of stablecoin scale may also drive the development of the DeFi sector. With the increase in the supply of on-chain assets, lending protocols and yield management platforms may welcome new growth opportunities.
Overall, the stablecoin market is undergoing significant changes. New regulatory frameworks and market demands may drive the industry into a new stage of development, creating diversified opportunities for investors.