Aggregating news

News

Significance:

8/10

Wall Street Reacts to GENIUS Act as Stablecoin Market Eyes $2 Trillion Growth

https://www.thestreet.com/crypto/newsroom/wall-street-genius-act-stablecoin-market

•

Craig Lebrau

•

Mentions

People	Richard Teng, Jamie Dimon, Scott Bessent, Brian T. Moynihan
Organizations	Binance, JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Treasury Department

Regions

Code	Name
US	🇺🇸United States

Sentiments

Target	Sentiment	Comment
Stablecoins	Bullish	The GENIUS Act is expected to drive significant growth in the stablecoin market, with projections of $2 trillion by 2028.
Binance	Bullish	Binance CEO Richard Teng praised the GENIUS Act as a foundational step for mainstream digital currency adoption.
JPMorgan Chase	Bullish	JPMorgan CEO Jamie Dimon recognized the competitive potential of stablecoins and announced their involvement in the market.