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Posted: 2025-06-20 01:31:22 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-20 01:31:36 UTC
Verified By
Rollup News
The stablecoin bill, referred to as the GENIUS act, is nearing enactment, potentially integrating blockchains into US infrastructure and significantly boosting Ethereum (ETH) adoption. TradFi firms are likely to focus on ETH for stablecoin operations due to its dominance in securing stablecoins and tokenized assets, particularly through Circle's USDC and Coinbase's Base. This move could drive traditional finance flows towards platforms like Coinbase, further solidifying ETH's role as a key component of the digital economy.
Stablecoin bill (GENIUS act) integrates blockchains into US infrastructure
Increased adoption and catalyst for Ethereum (ETH)
TradFi firms focusing on ETH for stablecoin operations
ETH secures a majority of stablecoins and tokenized assets
Potential TradFi flows towards platforms like Coinbase