1confirmation founder: Stablecoin market value will increase 10 times due to approval of GENIUS Act

Odaily News Nick Tomaino, founder of 1confirmation, said in a post on the X platform that the GENIUS Act is very beneficial to cryptocurrencies, and the market value of stablecoins will increase 10 times as a result. But it might be better if the bill was decided by market participants rather than by politicians dominated by corporate donors. The U.S. Congress agreed that stablecoins are good for the United States, and the best measure of the success of the bill is the total market value of stablecoins. Anyone can spend money wisely, and the market determines the best solution to achieve the goal.