Stablecoin boom: How the digital money turns the financial world turned

Stable coins experience an unprecedented boom. The US-Senat Has taken a crucial step with the “Genius Act”. This gives the industry clear rules and an innovation boost, as “Handelsblatt” reports.

According to “T3N”, the market capitalization of stablecoins is currently 261 billion Dollar. Experts like Scott Bessent expect an increase to up to 3.7 trillion by the end of the decade Dollar.

Also companies like PaypalWalmart and Amazon want benefit. They plan their own stablecoins to reduce transaction costs and to open up new payment routes, according to “T3n”.

Stablecoin: new rules, new opportunities

With the “Genius Act”, stable coins have to be 100 percent through liquid means such as USDollar Or to be covered with government bonds. This creates trust in investors and users, reports «Handelsblatt».

Die clear regulation Makes stable coins more attractive for institutions. More and more banks and payment service providers are getting in, as “investing.com” reports.

Also the EU follow up. The MICA regulation has been relating to transparency and complete coverage since mid-2024, as “T3N” writes.

Risks for the global financial system

Critics warn of new dangers. Sudden loss of trust could trigger a run on stable coins, warns Moody's according to the “Handelsblatt”.

This could put pressure on the prices of US state bonds and shake worldwide markets. The dependence on a few large providers also carries risks, so “Wallstreet-online.de”.

Stablecoin as a mainstream payant

Stable coins are no longer a niche product. You will be for international transfers, e-commerce and even im Gaming used as “t3n” reports.

The financial world faces a profound change. Stablecoins could change the traditional banking system sustainably, as “investing.com” analyzes.