👀 Insight: Stablecoin market cap will grow 10 times due to the #GENIUS Act approval

1confirmation @1confirmation Founder Nick Tomaino @NTmoney posted on X that the GENIUS Act is very favorable for cryptocurrency, and the market cap of stablecoins will grow 10 times as a result. However, if the act is decided by market participants rather than politicians funded by corporate donors, it might be even better. The U.S. Congress agrees that stablecoins are beneficial for the United States, and the best measure of the act's success is the total market cap of stablecoins. The market decides the best way to achieve the goal. Anyone can spend money on a knife, but the market determines the best solution.