#CryptoStocks The approval of the GENIUS Act in the U.S. Senate has generated positive expectations for the cryptocurrency market, especially for stablecoins, which now have a clear regulatory framework. Although an immediate impact on all crypto assets is not expected, the legitimization offered by the law could attract greater institutional investment and, in the long term, benefit the entire ecosystem.

Impact on stablecoins:

The GENIUS Act establishes a regulatory framework for dollar-linked stablecoins, which could increase investor confidence and encourage their adoption.

The law requires stablecoin issuers to back their coins with liquid assets, such as dollars and Treasury bonds, and publicly disclose the composition of their reserves.

This regulation could benefit more established stablecoins, such as Circle's USDC and Tether's USDT, by providing them with a legal framework to operate.