PANews reported on July 24 that according to CoinDesk, Bank of America said that with the passage of the GENIUS Act, the supply of stablecoins is expected to grow byPANews reported on July 24 that according to CoinDesk, Bank of America said that with the passage of the GENIUS Act, the supply of stablecoins is expected to grow by

Bank of America: U.S. stablecoin supply may increase by $25 billion to $75 billion in the short term due to the GENIUS Act

2025/07/24 22:40

PANews reported on July 24 that according to CoinDesk, Bank of America said that with the passage of the GENIUS Act, the supply of stablecoins is expected to grow by $25 billion to $75 billion in the short term. The bill lays the foundation for stablecoin regulation in the United States and promotes the development of related infrastructure and tokenized finance. Bank of America also pointed out that the banking industry is preparing to issue stablecoins through a consortium model, and this growth is expected to drive an increase in demand for U.S. Treasuries and promote the widespread adoption of digital assets.

Market Opportunity
MAY Logo
MAY Price(MAY)
$0.01378
$0.01378$0.01378
0.00%
USD
MAY (MAY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

Presale crypto tokens have become some of the most active areas in Web3, offering early access to projects that blend culture, finance, and technology. Investors are constantly searching for the best crypto presale to buy right now, comparing new token presales across different niches. MAXI DOGE has gained attention for its meme-driven energy, but early [...] The post MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities appeared first on Blockonomi.
Share
Blockonomi2025/09/18 00:00
Q4 Crypto Predictions: Experts Rank BlockchainFX the Best Presale to Buy Now Over Snorter Token and Pudgy Pandas

Q4 Crypto Predictions: Experts Rank BlockchainFX the Best Presale to Buy Now Over Snorter Token and Pudgy Pandas

Momentum is building as Q4 2025 kicks off, and investors are laser-focused on three names making headlines: BlockchainFX, Snorter Token, and Pudgy Pandas. While each brings something new to the table, experts are unanimous in their conclusion: BlockchainFX is leading the pack and widely regarded as the best presale to buy now. The reason for
Share
Coinstats2025/09/23 06:30