‘Stablecoin Summer’ Incoming? Market Eyes 10x Growth Post-GENIUS Act

With positive developments regarding the GENIUS Act, many industry experts have expressed optimistic predictions about a “stablecoin summer” in the near future. Will a “stablecoin summer” bring significant opportunities for investors and businesses? Stablecoin Supply Surpasses $250 Billion According to a report from Delphi Digital, the stablecoin supply has exceeded $250 billion, with Tether and Circle accounting for 86% of the market share. Over $120 billion in US Treasury bonds are locked in various stablecoins. With increasing issuer diversification, more than 10 stablecoins now have a circulating value exceeding $100 million source: https://beincrypto.com/stablecoin-summer-genius-act/