- U.S. Treasury issues request for comments on GENIUS Act for stablecoin regulation.
- Key focus on boosting U.S. digital asset position through stablecoins.
- Anticipates increased demand for U.S. Treasury securities.
The U.S. Department of the Treasury has called for public comments to implement the GENIUS Act, aiming to enhance stablecoin regulation and digital asset leadership.
Stablecoin regulations are expected to boost global use of the U.S. dollar, driving demand for U.S. Treasury securities, impacting issuers and government financial strategy.
Treasury’s Regulatory Goals and Global Impact
Community and industry leaders have yet to make public statements. However, the Treasury’s bold approach underscores the administration’s commitment to digital asset innovation. Janet Yellen also noted the collective benefits for users and issuers.
The GENIUS Act marks the most comprehensive U.S. regulatory framework since the Digital Asset Market Clarity Act. It seeks integration over restriction, signaling a pivotal regulatory shift.
“Implementing the GENIUS Act is crucial for ensuring America’s leadership in the digital asset space. Stablecoins will expand the channels for billions of people worldwide to use the dollar and lead to a surge in demand for U.S. Treasury securities that support stablecoins. This is a win-win-win situation for all participants: stablecoin users, stablecoin issuers, and the U.S. Treasury.” — Xavier Becerra, Secretary, U.S. Treasury
GENIUS Act: A New Era for Stablecoins and Digital Assets
Did you know? The GENIUS Act marks the most comprehensive U.S. regulatory framework since the Digital Asset Market Clarity Act. It seeks integration over restriction, signaling a pivotal regulatory shift.
As of August 19, 2025, Tether USDt (USDT), a leading stablecoin, maintains its $1.00 peg with a market cap of $167.01 billion and a dominant market position. Recent 24-hour trading volume is $125.36 billion, reflecting a 5.19% decrease. This data, sourced from CoinMarketCap, highlights slight 24-hour and 90-day price dips of 0.07%.
Coincu research indicates this regulatory approach could drive technological innovation and improve compliance within the digital asset sector. Experts foresee broader stablecoin adoption and regulatory alignment as key outcomes of the GENIUS Act.
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Source: https://coincu.com/news/treasury-genius-act-stablecoin-comments/