GENIUS Act Creates $1.5T Stablecoin Frenzy in July – Best Cryptos to Buy

Description

The US GENIUS Act helped drive the overall transaction volume of stablecoins in July, according to a report by Sentora Research. The surge in onchain activity pushed stablecoin transactions to $1.5T , which marked a new all-time high for the sector. The total transaction volume went up 19% compared to the previous month. The new legislation provides greater clarity on stablecoins and other digital assets, thus easing institutional and retail fears about the sector and boosting adoption. We can a...