The GENIUS Act has significantly boosted the U.S. stablecoin market, paving the way for its leading role in the global digital currency revolution. This landmark legislation, signed by President Trump, provides a clear framework for stablecoins and fosters innovation within the industry. Key players like Circle and Tether have experienced substantial growth. USDC saw a 59% surge, while USDT saw a 32.5% increase, driving the stablecoin market to reach $238 billion. The legislation now allows banks and institutions to issue stablecoins, attracting increased participation and trust through mandatory audits. This regulatory environment has led to a flourishing financial ecosystem, further solidifying the U.S.’s position as a global leader in digital asset policies.