A brief look into the political engine room of the USA - and why this could be really interesting for some cryptocurrencies:
Next week, the House of Representatives will vote on the so-called GENIUS Act - a law that aims to create a clear set of rules for stablecoins such as USDC or Tether for the first time. The Senate has already waved the whole thing through, and Trump has already signaled the green light.
What does this mean?
👉 Regulation = legal certainty
👉 Legal certainty = trust
👉 Trust = door opener for banks & large investors
And certain projects could benefit directly from this - especially those on which stablecoins run natively or are integrated into payment transactions. Examples:
✅ $XLM (+0,91%) - Platform for cross-border payments, USDC runs natively
✅ $ALGO (+1%) - also with USDC infrastructure
✅ $XRP (+5,91%) - Popular in the banking sector, regulatory clarity acts as a tailwind here
No investment recommendation ☝🏻 - but a thought:
If the market reacts positively to the law next week, these very projects could move into the spotlight (in the short or medium term).
At the moment, some of the coins mentioned are in the red for me, but I am considering buying more before the train picks up speed again. What is your opinion?