The U.S. Senate passed the Genius Act, establishing a federal regulatory framework for stablecoins. Stablecoins, digital currencies pegged to another asset (often the U.S. dollar), have grown ...
The supply of USDe has increased by 70%, while that of USDS rose 23% since the GENIUS Act was signed into law on July 18. The supply of yield-bearing stablecoins has surged since the United States’ ...