Sergey Nazarov Sees Stablecoins 10X Growth Under the GENIUS Act
Chainlink's Sergey Nazarov projects the GENIUS Act will rapidly accelerate stablecoin adoption and market growth. He forecasts stablecoin value will soar from $200 billion to $2 trillion, as clear legal guardrails empower not only crypto startups but also the world’s largest financial institutions to issue their own stablecoins. This regulatory clarity is expected to unlock a global wave of new stablecoin products, cementing American and institutional leadership in tokenized finance.
- GENIUS Act defines clear rules for stablecoin issuance and backing.
- Open doors for both technology firms and major banks to launch compliant stablecoins.
- Sergey Nazarov believes this could trigger a 10X growth in stablecoin market value, reaching $2 trillion.
- Big banks and leading financial players are expected to deploy their own stablecoin products worldwide.
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