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🚀 GENIUS ACT BOOSTS 18 BILLION USD INTO STABLECOIN IN JUST 1 MONTH
🟢 On July 18, President Donald Trump signed the GENIUS Act – the first framework law in the U.S. regulating stablecoins.
🟢 Just after more than 1 month, the global stablecoin supply increased by 18 billion USD, from 260 billion → 278 billion USD (+7%), according to DefiLlama.
🟢 USDT leads, adding 7 billion USD to reach a market cap of 167 billion USD.
🟢 Ethena USDE surprises, doubling ( from 5.6 → 11.6 billion USD, +107%) despite the US banning profit-generating stablecoins.
🟢 USDC slightly increased to 67.5 billion USD, Circle also announced the construction of its own blockchain named Arc.
🟢 PayPal PYUSD surged 35% this month, reaching 1.2 billion USD.
➡️ Major players like Tether, Circle, and JPMorgan all predict that the stablecoin market could balloon to 2 trillion USD in this decade.
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>️ Update market information for crypto at: