Internet reports that JPMorgan analysts released a report on Tuesday stating that since the signing of the GENIUS Act, the market value of stablecoins has increased by 19%, and the biggest beneficiary seems to be Circle's USDC. After stagnation earlier this year, its market value soared in the third quarter, from $61.5 billion at the end of June to $73.7 billion at the end of September, accounting for 25.5% of the stablecoin market. Expected to rise by about 400 basis points by 2025, Tether's dominance has declined, from 67.5% at the beginning of the year to 60.4%. Analysts say the GENIUS bill may tilt further in Circle.