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The stablecoin market has reached a historic milestone, surpassing $250 billion in total supply. Meanwhile, the US Senate’s passage of the GENIUS Act signals a push for regulatory clarity in digital finance.
- Tether (USDT) and Circle (USDC) dominate 86% of the $250B stablecoin market.
- The GENIUS Act, promoting US stablecoin leadership, passed the Senate but faces ethical concerns.
- Stablecoin growth is driven by institutional adoption, crypto ETFs, and US Treasury backing.
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Other Tags: Ethena, Terra, Tether (USDT), USDC, ust, Bill Hagerty, Delphi Digital, Trump Administration, US Senate