The GENIUS Act is going to bring BILLIONS into the crypto/stablecoin space...
But how do you actually CAPITALIZE on this change?
Here are three sets of assets that will likely benefit from the bill passing
(Keep scrolling)
1/ @circle $CRCL (duh)
Circle is the issuer of $USDC and the only fully compliant & publicly traded stablecoin company in the US…for now
It's up ~6x since its IPO two weeks ago
@YahooFinance 2/ @coinbase $COIN
Coinbase received – get this – 54% of Circle’s 2024 revenue, thanks to their current distribution deal
(A deal that is set to continue through 2025)
3/ Fintechs (think: @PayPal, @Blocks, @Stripe)
The GENIUS Act will allow non-bank fintechs to build/innovate in stablecoin payments
...and it’s estimated by @a16zcrypto that stables could more than 3x the revenues of payment processor businesses ↓
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