Ethereum & Two Other Altcoins Could Benefit Most From Proposed Stablecoin Regulation

The US Senate recently rejected a cryptocurrency-friendly stablecoin bill called GENIUS. However, with a potential re-vote, its impact on the crypto market is still uncertain. Placeholder managing partner Chris Burniske believes Ethereum will be most positively affected by the GENIUS Act, citing its large stablecoin ecosystem and robust DeFi infrastructure. 💰 He suggests that Ethereum’s advantages are substantial enough to make it a clear winner even if some argue this law won’t significantly boost the crypto industry overall.