The issuers of stablecoin Tether (USDT), USUAL (USDO), USD Coin (USDC) ... that meet the MiCA legal framework and GENIUS token may see a significant price increase in the near future.

Currently, U.S. lawmakers are opening the federal market for stablecoins. Supporters of the stablecoin bill argue that unregulated assets pose a clear threat to the financial security of the U.S. and the world, and they are right.

Recently, the Senate Banking Committee introduced the U.S. Stablecoin Innovation and Regulatory Act (GENIUS), a bipartisan bill that could establish a clear framework for digital tokens pegged to the dollar.

This bill is co-sponsored by Senators Kirsten Gillibrand, Tim Scott, Cynthia Lummis, and led by Senator Bill Hagerty, and is co-sponsored by a bipartisan coalition, representing the most serious effort by the Trump administration to impose oversight on an industry accused of operating in a murky jurisdiction.

With the GENIUS and STABLE acts enacted, the supply of dollar-backed stablecoins could soar to $2 trillion by 2028, up from the current $240 billion. 99% of stablecoins have been pegged to the dollar and are primarily backed by U.S. Treasury bonds.

$USUAL is a new stablecoin issuer facing many challenges and opportunities, potentially a new variable worth watching as the token price is currently positioned low!

Wishing all crypto investors good luck.

(Note: This article should not be considered investment advice and does not bear any responsibility regarding your decisions.)