Genius Act Passed – New #StablecoinsEra?
The U.S. #Senate just passed the #GeniusAct, which would bring clear federal rules for issuers and could unlock massive capital flows.
"In the next two posts of our thread 🧵, we’ll break down the top #DeFi protocols and emerging stablecoin issuers that are perfectly positioned for this new era"
📊 Stablecoins already surpassed @Visa, @PayPal & remittances in processed volume
🧵 More Stablecoins = More Profits for DeFi!
The passing of Genius Act could unlock a massive new wave of regulated stablecoin issuance.
— Higher #TVL
— More trading volume
— More swap fees
— Better farming APYs
— Increased demand for #yield strategies
💰That capital will need homes. And DeFi is ready.
Here are top names to watch
$ENA, $CRV, $MORPHO, $PENDLE, $MKR, $FLUID, $CVX and $FRAX
🧵 Upcoming Stablecoin Protocols: Who’s Next?
New stablecoin protocols are minting millions. Literally.
🚨 Plasma recently raised over $1B, one of the largest crypto #ICOs. Its mission? Create an institutional-grade stablecoin framework built for high velocity and multi-chain utility. But Plasma isn't alone!
Here are the top upcoming stablecoin protocols to track: @PlasmaFDN, @Stablecoin, @m0, @ConduitPay, @Noah_HQ, @theMAITRIXai, and @withAUSD.
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