Even before being signed into law, the GENIUS Act has already sparked new trends in the stablecoin sector. Major tech companies, including Amazon, Meta, Airbnb, and Uber, are exploring ways to integrate stablecoins into their platforms.
Some corporations are issuing their own stablecoins, while others are developing dedicated stablecoin layer-1 blockchains. Concerns comparing stablecoins to wildcat banknotes of the free banking era are now largely rendered obsolete by the GENIUS Act, which provides a clear regulatory framework.
