Stablecoin Adoption Accelerates After GENIUS Act Framework
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Institutional interest in stablecoins is accelerating following the passage of the GENIUS Act, which created a federal framework for dollar-backed digital tokens in the United States. The law has encouraged companies like Aon to experiment with blockchain-based settlement systems in industries traditionally dominated by banks.
Major financial institutions including JPMorgan Chase, Bank of America, Citigroup and Barclays are also exploring tokenized payments and stablecoin infrastructure. With the stablecoin market now valued at more than $300 billion, digital dollars are rapidly becoming a key component of the next generation of financial systems.