GENIUS Act Passage Set to Boost Stablecoin Payments, On-Chain Finance, and Benefit TRX and Sonic Ecosystems
The US Senate has passed the GENIUS Act with strong bipartisan support, marking a major step toward comprehensive regulation of US dollar-backed stablecoins. The law requires issuers to maintain 1:1 reserves in high-liquidity assets, provide monthly transparency reports, and undergo annual audits. Only federally or state-licensed banks and qualified financial institutions may issue payment stablecoins, with overseas and tech firms facing strict standards. The act also strengthens anti-money laundering measures and consumer protections. According to HTX DeepThink analysis, if the bill becomes law, it could significantly benefit the stablecoin payments sector and on-chain financial products, especially within the TRX and Sonic ecosystems. The anticipated impact includes increased demand for short-term US Treasury securities, lower long-term rates, and enhanced dollar liquidity in blockchain networks. Current market data reveals that 97% of Bitcoin addresses are profitable and Bitcoin spot ETFs see robust inflows, while a potential drop in Treasury yields below 4.2% may push Bitcoin to new highs. AttentionFi project KAITO has surged after its Huobi HTX listing. Overall, the GENIUS Act is viewed as likely to spark renewed attention on stablecoin payments and DeFi platforms, with broad implications for both regulatory compliance and market liquidity.
Bullish
The GENIUS Act introduces clear regulatory standards for US dollar-backed stablecoins, enhancing trust among institutional and retail users. Requiring 1:1 reserves, regular audits, and robust AML protections directly address past concerns about stablecoin backing and security, likely increasing adoption in payment and DeFi sectors. Analysis from HTX DeepThink highlights specific benefits for the TRX and Sonic ecosystems, with expectations of increased blockchain dollar liquidity and demand for short-term US Treasuries. Bullish sentiment in the broader crypto market is supported by strong Bitcoin ETF inflows and a high percentage of profitable BTC addresses. Additionally, lower Treasury yields could act as a catalyst for new Bitcoin highs. The new regulatory clarity and potential dollar liquidity boost create a favorable environment for both stablecoin and DeFi platforms in the near and mid-term.