Opinion: The market value of stablecoins will increase 10 times due to the approval of the GENIUS Act
According to online reports, 1confirmation founder Nick Tomaino wrote on platform X that the GENIUS bill is very beneficial to cryptocurrencies, and the market value of stablecoins will increase rapidly by 10 times. But it might be better if the bill were decided by market participants rather than by politicians dominated by corporate donors. The U.S. Congress agreed that stablecoins are good for the United States, and the best measure of the success of the bill is its total market value. Anyone can spend their money well, and the market determines the best way to achieve their goals.
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