Stablecoin Market Soars $9B After GENIUS Act

The GENIUS Act drives a $9.11B surge in stablecoin market cap, with USDe, USDT, and USDS leading the charge.

  • Stablecoin market cap rose $9.11B in 23 days.
  • USDe from Ethena Labs sees fastest growth.
  • Top 5 stablecoins are gaining major traction.

The crypto market is witnessing a major shift after the passage of the GENIUS Act, with stablecoins leading the charge. In just 23 days, the total stablecoin market growth has reached an impressive $9.11 billion. This sudden surge marks a renewed confidence in regulated digital assets as policymakers and platforms move to embrace stablecoins more broadly.

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The largest chunk of this growth comes from the top five players, who are capitalizing on enhanced clarity and integrations following the act.

USDe: Fastest-Growing Stablecoin

Topping the list is USDe from Ethena Labs, which has added a massive $4.19 billion to its market cap. The key to this rapid rise is the integration of PT-USDe with lending protocol Aave and yield platform Pendle. These integrations have made USDe highly accessible and appealing to yield-seeking investors, pushing it to become the fastest-growing stablecoin in the post-GENIUS Act era.

Top Contenders Benefiting from the Boom

While USDe takes the lead, Tether’s USDT follows closely with a $3.71 billion increase. As the most widely adopted stablecoin globally, USDT continues to benefit from market-wide momentum and trust.

In third place, USDS from SkyEcosystem has shown strong gains, growing by $1.30 billion.

Two newer entrants, PayPal’s PYUSD and Ripple’s RLUSD, have also joined the top five, adding $146.01 million and $102.74 million respectively. These numbers may be smaller, but their inclusion signals growing institutional and fintech interest in the stablecoin space.

What This Means for the Future

With regulations becoming clearer and adoption increasing across DeFi and traditional platforms, stablecoins are emerging as one of the most important crypto categories. The GENIUS Act appears to be a significant turning point, giving both investors and developers renewed confidence in using these digital dollars.

If this momentum continues, we may see even more innovation, integration, and capital flowing into the stablecoin market in the months ahead.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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