USDC: The Chosen Currency Under the GENIUS Bill?
Once the GENIUS stablecoin bill was proposed, the market was in an uproar. But if you are USDC, you probably just want to smile and nod:
"I've been playing by these rules for a long time, and now it's finally my turn to shine."
USDC is already compliant enough, with transparent reserves, and close to the US banking circle; GENIUS is simply a tailored buff bill for it.
Other decentralized stablecoins? Sorry, this bill doesn't impede you, but it doesn't help you either.
⸻
My view is simple: three points:
🔹 USDC will be the biggest beneficiary of the bill, attracting more institutions and capturing a higher market share.
🔹 Although USDT still holds the top spot, the pressure has noticeably increased, especially in the US market.
🔹 Decentralized stablecoins will be marginalized but will not disappear; they will carve out new battlegrounds (such as on-chain finance and internal use within the DeFi ecosystem).
⸻
GENIUS is not a revolution, but it resets the rules.
In this wave of legalization, USDC is no longer the obedient student but the rightful partner.
What do you think? Are you still ALL IN on USDT? Or have you quietly shifted your holdings?
