Bank of America (BAC) says that the Genius Law, signed last Friday by President Donald Trump, marks a turning point for the regulation of the United States of Stablecoin, establishing the bases for the development of infrastructure and tokenized financial growth.
The supply of stablocoins, cryptographic tokens whose value is linked to real world assets, such as fiduciary or gold currencies, a “relatively modest” $ 25 billion, $ 75 billion, $ 75 billion in the short term term, driven by product deployments, investment in infrastructure and competition of tokenized deposits and money from the money market, the bank said in a report in a report of the last one, the bank said in a report. week.
Total market capitalization for Stablecoins is currently approximately $ 270 billion, according to CoinmarketCap data.
During the next 2–3 years, bank analysts foresaw the consolidation of Stablecoin and the broader adoption of these cryptocurrencies and other tokenized assets, backed by the promulgation of the clarity law.
This law aims to establish a clear regulatory framework for digital assets in the United States, distinguishing cryptocurrencies as products or values. The legislation has been approved by the House of Representatives and will now be considered by the Senate.
Banks seem ready to issue their own Stablecoins, with management equipment inclined towards consortium -led models, the report said. Bafa is preparing to enter the Stablcoin market, said CEO Brian Moynihan last week. The bank has already laid the bases and hopes to act when the right time, he said.
While cross -border cases are gaining ground, most bank executives do not expect short -term interruptions to national payments, the report added.
In the macro front, the demand for the United States Treasury bonds linked to Stablecoin reserves could lead to the Treasury department to change the issuance of short -term invoices, the bank said.
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