The landing of the bill initiates the "stablecoin summer" Goldman Sachs: Overturning traditional finance? It's too early to say!

According to the Securities Times APP, with the official signing of the "GENIUS Act" by President Trump in the United States, this marks the official implementation of the world's first federal-level regulatory framework for stablecoins, injecting a summer-like vitality into stablecoins. Currently, the global stablecoin market size has reached approximately $270 billion. However, in the opinion of Goldman Sachs, whether such tokens linked to fiat currencies will grow to a scale of tens of trillions of dollars and gradually erode the traditional financial services industry still remains to be seen.