Stablecoins are now valued at over $250 billion, attracting attention from banks, institutional investors, and retailers. New legislation, like the GENIUS Act, is expected to further boost adoption and create opportunities for investment. With major players like Walmart and Amazon exploring stablecoin projects, and the U.S. Treasury Department predicting a $2 trillion market cap, stablecoins are gaining mainstream acceptance. Investors can choose to invest directly in stablecoins or in stablecoin issuers like Circle Internet Group, which has seen significant growth since its IPO. However, some analysts caution that stablecoins may just be a passing trend, so thorough research is crucial before investing.

Read more at Nasdaq.: Is It the Summer of the Stablecoin?