From Yahoo Finance: 2025-06-19 06:10:00

The US Senate passed the GENIUS Act, a bill regulating stablecoins, requiring them to be backed by liquid assets like the US dollar and Treasurys. If passed by the House, this could bring legitimacy and clarity to the crypto market, potentially impacting advisor portfolios and reducing transaction costs.

Stablecoins offer quick, global money transfers, diversification, and reduced transaction costs. With Tether, USDC, and USDS leading the market, stablecoins are gaining popularity due to low trading costs and automatic accounting. Expect a surge in stablecoin adoption, potentially even by major banks in the future.

Stablecoins are seen as the natural evolution in managing portfolios in a digital world, providing efficient ways to park money. Despite initial skepticism, stablecoins could become a preferred asset for investors, offering a reliable and convenient means of conducting business in the crypto market.



Read more at Yahoo Finance: What the GENIUS Act Means for Stablecoins and Advisors