New crypto bill could turbocharge the stablecoin industry: 4 changes it might bring - MarketWatch
1. Genius Act regulates stablecoins, aiming for wider adoption and boosting the U.S. dollar. 2. If passed, it could clarify compliance, lowering regulatory risks for issuers. 3. Bank of America plans to issue a stablecoin upon legislative approval. 4. Stablecoin market may grow significantly, reaching $2.5 trillion by 2030. 5. Increased stablecoin adoption could bridge traditional finance and the crypto market.