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...
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