The GENIUS Act is expected to drive global stablecoin use to new heights. With an already established market dominance position, Ethereum stands to benefit disproportionately from this transition. In a conversation with BeInCrypto, Sanjay Shah, a researcher at venture capital firm Electric Capital, stressed that the Ethereum blockchain has unique architectural advantages that will reinforce the network’s role as the foundational layer for the incoming stablecoin economy. Ethereum’s Market Dominance When US President Donald Trump signed the GENIUS Act into law last month, it triggered a significant price rally across the cryptocurrency market
source: https://beincrypto.com/ethereum-advantage-amid-genius-act-stablecoin-economy/