USDC, USDT Market Caps Could Grow 30% Annually Under New U.S. Law: Bitget CEO
2025-07-04 05:09:14
Description
The GENIUS Act establishes a regulatory framework for stablecoins, backed by U.S. Treasury reserves. Bitget’s Gracy Chen says USDC and USDT market caps could grow 20–30% annually under the new law. Smaller stablecoin issuers may face compliance challenges, leading to possible market consolidation. Bitget CEO Gracy Chen says regulated stablecoins like USDC and USDT could see 20% to 30% annual growth under the newly advanced GENIUS Act. The U.S. law brings stablecoins under formal oversight, aimin...
$USDC
$0.9989
+0.03%
Latest News
- Bitcoin’s $120K Case: Built on Charts, Confirmed by a $600M ETF Flood2025-07-04 10:45:19
- Healthy Pullback – ETH and XRP Build the Base for the Next Leg Up2025-07-04 10:31:45
- Will FTX Claims Include Countries Where Cryptocurrency Activities Are Restricted or Banned?2025-07-04 10:16:37
- Sen. Lummis Proposes Crypto Tax Bill With $300 Limit, Mining & Staking Relief2025-07-04 09:28:05
- Pi Coin (PI) Price Prediction for July 52025-07-04 09:27:47