US Stablecoin Issuers Gain Banking License Eligibility Following GENIUS Act

The US has significantly altered its regulatory landscape for stablecoins, paving the way for companies like Circle and Coinbase to apply for banking licenses following the passage of the US Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025. This move is expected to significantly boost the stabilitycoin market cap by 2025, driving wider adoption and increased participation from institutional investors in the cryptocurrency sector.