US Stablecoin Rules Divide Global Liquidity, CertiK Warns

The United States’ new approach to stablecoin regulation is leading to a significant split in global liquidity, according to a report by blockchain security auditor CertiK. The report argues that the US market is entering a new phase of regulatory clarity under the GENIUS Act, which establishes a federal framework for payment stablecoins. This has led to a sharp divide with the EU’s MiCA regime, creating separate US and EU stablecoin liquidity pools.