CoinsAQ summary · neutral
Demand For Yield-bearing Stablecoins Surges After the passage of the GENIUS Act.
What happened
The supply of USDe has increased by 70%, while that of USDS rose 23% since the GENIUS Act was signed into law on July 18. The supply of yield-bearing stablecoins has surged since the United States’ passage in July of the GENIUS stablecoin bill, which prohibits issuers from.
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