$USDC Compliant Issuer Benefits: Traditional financial institutions such as Circle (USDC) and JPMorgan can leverage the legislation to strengthen their market positions, with JPMorgan planning to launch the deposit token JPMD;

Consolidating Dollar Hegemony: The legislation promotes stablecoin reserve funds being directed towards U.S. Treasury bonds, with an expected issuance holding of over $1.2 trillion by 2030, further strengthening the global dominance of the dollar.